"Over the past decade, Mexico has made significant progress towards macroeconomic stability and has launched important structural reforms to further open the economy to trade and investment and improve the functioning of markets for goods and services as well as to develop the financial sector. These efforts have yielded relatively good performance. After a strong 2006, output growth is expected to be close to potential, between 3½ and 4% over the next two years. Potential GDP growth, however, is much too low to bridge the wide gap in living standards with wealthier OECD countries and tackle the still widespread poverty. To move the economy onto a higher and sustainable growth path, a renewed effort at reform on a broad front is required." Source: Organisation for Economic Development
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