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Maximising Mexico's Gains from Integration in the World Economy

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  • David Haugh
  • Roselyne Jamin
  • Bruno Rocha
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    Abstract

    Considering the costs and risks of inaction, ambitious action to reduce greenhouse gas emissions is economically rational. However, success in abating world emissions will ultimately require a least-cost set of policy instruments that is applied as widely as possible across all emission sources (countries, sectors and greenhouse gases). The main purpose of this paper is to explore feasible ways to meet these two basic requirements for successful future climate policies. Using a range of modelling frameworks, it analyses cost-effective policy mixes to reduce emissions, the implications of incomplete coverage of policies for the costs of mitigation action and carbon leakage, the role of technology-support policies in lowering future emissions and policy costs, as well as the incentives –and possible options to enhance them – for emitting countries to take action against climate change. Tirer profit au maximum de l'intégration du Mexique dans l'économie mondiale Le présent papier examine les politiques menées par le Mexique dans le domaine des échanges et investissements internationaux, et formule des recommandations spécifiques visant à lui permettre de tirer le meilleur parti possible d’une intégration plus étroite au sein de l’économie mondiale. Au cours des deux dernières décennies, le Mexique a sensiblement progressé dans la réduction des obstacles aux échanges et à l’investissement direct étranger (IDE), ce qui a favorisé l’augmentation du PIB par habitant. Cela étant, des progrès restent à faire sur le plan de la réforme de la politique commerciale, en réduisant encore les obstacles tarifaires et non tarifaires sur une base NPF, de manière à accroître l’efficience de l’économie. Les entraves à l’IDE demeurent nombreuses, notamment dans certains secteurs de services et infrastructures comme les télécommunications et les transports terrestres intérieurs. Il conviendrait d’assouplir les restrictions touchant les intérêts étrangers de manière à attirer davantage d’investissements et à améliorer ainsi la productivité. Pour tirer un plus large profit de l’IDE, il conviendrait de renforcer les liens logistiques entre les investisseurs étrangers et les autres entreprises présentes au Mexique.

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    File URL: http://dx.doi.org/10.1787/230020040844
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    Bibliographic Info

    Paper provided by OECD Publishing in its series OECD Economics Department Working Papers with number 657.

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    Date of creation: 17 Dec 2008
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    Handle: RePEc:oec:ecoaaa:657-en

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    Keywords: foreign direct investment; trade policy; Mexico; trade performance; performance commerciale; politique commerciale; Mexique; investissement direct étranger;

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    Cited by:
    1. Ibarra, Carlos A., 2011. "Import elasticities and the external constraint in Mexico," Economic Systems, Elsevier, vol. 35(3), pages 363-377, September.

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