A New Vision for Mexico 2042: Achieving Prosperity for All

A New Vision for Mexico 2042: Achieving Prosperity for All

By: Josy Fajgenbaum (editor), Claudio M. Loser (editor), Harinder S. Kohli (editor)Hardback

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Mexico is at a critical juncture. The next administration will assume power at a particularly crucial time in Mexico's economic and social development. Its priorities and actions will have a decisive impact on the country's long-term economic, social, and even, political trajectory. If the political paralysis that has prevented the last two administrations from tackling Mexico's fundamental economic problems continues for another six years, the country may slide from its current low-growth equilibrium into a vicious cycle of economic stagnation, and subsequently dash the peoples' hopes, further erode the government's credibility, and worsen the law and order situation. By contrast, if the new administration embraces a well-balanced reform agenda and adopts a package of bold initiatives early in its term, it could once again unleash Mexico's vast potential and build the foundations of a more prosperous, safer and dynamic society. A New Vision for Mexico 2042 identifies the priority issues that could influence Mexico's long-term economic trajectory, and outlines a balanced action program necessary to effectively address these issues. It includes reforms and actions that would simultaneously achieve much higher and more inclusive growth, and thus would restore the sense of pride and optimism among Mexicans that has been eroding in recent years. The issues discussed are of such importance that the legacy of the next Presidency could well be determined by the administration's willingness and ability to implement the agenda outlined in this book.

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About Author

Claudio M. Loser is CEO and President of Centennial Latin America, and is Advisor for the Emerging Markets Forum. Loser is also a Senior Fellow at the Inter-American Dialogue. Since 2005 he has been an adjunct professor of Economics (Latin American Economic Development) at George Washington University, and has lectured at the Foreign Service Institute of the US Department of State. For thirty years and until November 2002, he was a staff member of the International Monetary Fund. During the last eight years of his tenure he was Director of the Western Hemisphere Department at the IMF. He graduated from the University of Cuyo in Argentina and received his MA and PhD from the University of Chicago. Loser has published extensively, including the book Enemigos together with the Argentine journalist Ernesto Tenenbaum, where they discuss the relations of the IMF and Argentina in the 1990s. He also is co-editor of "Latin America 2040-Breaking Away from Complacency: An Agenda for Resurgence" (2010). Jose Fajgenbaum is the Director of Centennial Group, Latin America. He co-authored "The New Resilience Of Emerging Countries: Weathering the Recent Crisis in the Global Economy" and has cooperated extensively with the Japanese International Cooperation Agency (JICA). Previously, he served at the International Monetary Fund for some 30 years, progressing from economist to Deputy Director in three departments: African, European, and Western Hemisphere. Key roles included leading missions to countries, such as Brazil, Israel, Peru, Russia, and South Africa. Before joining the IMF, he served as an economist/lecturer in the Economic Development Institute of the World Bank, and as a professor in the Economics Department of the National University of Cuyo. He completed studies for PhD in economics at the University of Chicago, 1979, and obtained the degree of Licenciado en Economia from the National University of Cuyo, Argentina, 1972. Harinder S. Kohli is President and CEO of the Centennial Group. He is also the Chief Executive of the Emerging Markets Forum and is on the Advisory Board of the Asian Institute of Technology. Prior to starting the Centennial Group, Kohli spent 26 years with the World Bank in a series of senior positions. He has led World Bank teams that participated in the Multilateral Working Groups of the Middle East Peace Process and developed a conceptual programme for Economic Development in the Middle East. This work became the foundation for the international development assistance to West Bank and Gaza after the peace accord. He is the principal author of the report of an Eminent Persons Group entitled Towards a New Asian Development Bank in a New Asia and of World Bank's report Infrastructure Development in East Asia and Pacific: Towards a New Public Private Partnership. In addition he has written articles and delivered speeches on Asian Economics, Private Capital Flows, Regional Economic Cooperation, Industrial Development, Enterprise Development and Privatization, Energy, Information Technology and the Middle East Economic Development issues. Prior to joining the World Bank, Kohli worked with the Union Carbide in India and the Pechiney Group in France. He has a Masters in Business Administration from the Harvard Business School (elected Backer Scholar with High Distinction) and a Bachelor of Science in Mechanical Engineering from Punjab University, India (First Class Honors). He is married to Paulina Ledergerber Crespo, an anthropologist at the Smithsonian Institute's Museum of Natural History.


Foreword Foreword - Hector Aguilar Camin Executive Summary PART I Introduction A Historical Perspective - Claudio M Loser, Jose Fajgenbaum, Drew Arnold, and Y Aaron Szyf A Framework for Economic Revival and Sustained Prosperity - Claudio M Loser and Jose Fajgenbaum Specific Proposals for a Prosperous Mexico in 2042 - Claudio M Loser and Jose Fajgenbaum Alternative Scenarios for Sustained Growth - Harpaul Alberto Kohli Summary Conclusions PART II Mexico and the World-Policy Complacency After Years of Disappointing Growth - Claudio M Loser, Drew Arnold, and Y Aaron Szyf Growth and Adjustment Model-Assessing Mexico's Path to a Sustainable Future - Claudio M Loser, Harpaul Alberto Kohli, and Y Aaron Szyf Education-Breaking the Constraints - Jeffrey M Puryear, Lucrecia Santibanez, and Alexandra Solano Rocha Energy Policies-Finding the Path for Sustainable Growth - Roberto Newell Garcia Financial System-Supporting Mexico's Long-term Viability - Herve Ferhani Competition in Mexico-Paving the Way for Efficiency - Manuel Molano Poverty and Equality-Attaining Inclusive Growth - Mahmood Ayub Macroeconomic Management-Implementing Responsible Fiscal and Monetary Policies - Jose Fajgenbaum Good Governance-Fiscal Federalism and Sub-national Accountability - Juan E Pardinas Criminal Violence-Crisis, Response, and Long-term Prospects - Alejandro Hope International Relations-Mexico and its Status in the Global Economy - Carlos Malamud References Index

Product Details

  • publication date: 25/09/2012
  • ISBN13: 9788132110040
  • Format: Hardback
  • Number Of Pages: 352
  • ID: 9788132110040
  • weight: 1383
  • ISBN10: 8132110048

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