CRS Reports on the Mexican Economy After the Global Financial Crisis
The Congressional Research Service has issued a report (R41402) entitled, "The Mexican Economy After the Global Financial Crisis." The state of Mexico’s economy is important for U.S. policymakers for many reasons, most significantly because a prosperous and democratic neighboring country is in the best interest of the United States.
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Numerous analysts have noted that Mexico’s potential to promote economic growth, increase productivity, and lower the poverty rate is very limited without implementing substantial structural reforms to eliminate extreme poverty, overhaul public finances, privatize parts of the state oil company, adopt labor reforms, reform the telecommunications sector, and encourage political reforms. There are some signs that the population may be pushing for change, but the prospects for passing any such proposals will likely depend on the outcome of the 2012 presidential elections.