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Maximising Mexico's Gains from Integration in the World Economy

Author

Listed:
  • David Haugh

    (OECD)

  • Roselyne Jamin

    (OECD)

  • Bruno Rocha

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.

Suggested Citation

  • David Haugh & Roselyne Jamin & Bruno Rocha, 2008. "Maximising Mexico's Gains from Integration in the World Economy," OECD Economics Department Working Papers 657, OECD Publishing.
  • Handle: RePEc:oec:ecoaaa:657-en
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    File URL: http://dx.doi.org/10.1787/230020040844
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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.

    More about this item

    Keywords

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

    JEL classification:

    • F14 - International Economics - - Trade - - - Empirical Studies of Trade
    • F21 - International Economics - - International Factor Movements and International Business - - - International Investment; Long-Term Capital Movements

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