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This paper reviews the economic reform process in Mexico since the mid-1980s and its association with disappointing growth. The sluggishness is linked to a deterioration of the current account vs. growth tradeoff and unsatisfactory productivity growth and capital formation. Real currency...
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The results of in-depth analyses for Argentina, Brazil, and Mexico reveal two main factors that explain this phenomenon: a fall in the premium that favors skilled over unskilled labor, and more progressive government transfers targeting the poor
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