Mexico needs labour market reform - IADB vice-president

Growth rates have been among slowest in Latin America despite reform efforts, Levy says

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Mexico’s authorities have tackled macroeconomic imbalances and improved education and infrastructure, but they have failed to deliver prosperity.

In Under-rewarded efforts: the elusive quest for prosperity in Mexico, the vice-president of the Inter-American Development Bank (IADB), Santiago Levy, analyses the reasons behind this failure.

Levy points out the conventional monetary and fiscal policies implemented over the last decades and the investments in education and infrastructure have

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