Chapter

Mexico

Guillermo Cruces, Gary S. Fields, David Jaume and Mariana Viollaz

in Growth, Employment, and Poverty in Latin America

Published in print May 2017 | ISBN: 9780198801085
Published online June 2017 | e-ISBN: 9780191840241 | DOI: http://dx.doi.org/10.1093/oso/9780198801085.003.0017

Series: WIDER Studies in Development Economics


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During the 2000s Mexico grew less than the average for Latin America. Labour market indicators exhibited mixed changes, with improvements over the period for some of them and deterioration for others. While the composition of employment improved and poverty decreased, labour earnings fell and informality increased. The country was severely hurt by the international crisis of 2008, which affected in one way or another all population groups, but Mexico surpassed its pre-crisis output levels by 2012. Most labour market indicators were affected negatively by the crisis, and labour earnings and poverty indicators had not recovered their pre-crisis levels by 2012.

Keywords: Mexico; labour market indicators; earnings; poverty; international crisis

Chapter.  8359 words. 

Subjects: Economic Development and Growth

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