Mexico’s Agenda For Economic Reform

Although Mexico is always complaining that it is not classified with the BRICS nations, it only achieved an average growth rate of 1.55 per cent under President Vicente Fox and of 1.53 per cent under President Felipe Calderón – significantly lower than the growth levels seen in the BRICS grouping. According to the OECD, Mexico needs to find a way to improve its low levels of productivity, something that will only be achieved with fundamental and far-reaching reforms.