Organisation for Economic Co-Operation and Development Member Economies: Economy of Italy, Economy of Germany, Economy of Japan

Please note that the content of this book primarily consists of articles available from Wikipedia or other free sources online. Pages: 111. Chapters: Economy of Italy, Economy of Germany, Economy of Japan, Economy of Australia, Economy of the United States, Economy of Mexico, Economy of Canada, Economy of Greece, Economy of Spain, Economy of Israel, Economy of Denmark, Economy of Chile, Economy of Finland, Economy of Hungary, Economy of Norway, Economy of the United Kingdom, Economy of Austria, Economy of France, Economy of Poland, Economy of South Korea, Economy of Turkey, Economy of Belgium, Economy of Switzerland, Economy of Iceland, Economy of the Czech Republic, Economy of Slovenia, Economy of the Netherlands, Economy of Luxembourg, Economy of Slovakia, Economy of New Zealand, Economy of Estonia. Excerpt: The economy of Mexico is the 13th largest in the world in nominal terms and the 11th by purchasing power parity, according to the World Bank. Since the 1994 crisis, administrations have improved the country's macroeconomic fundamentals. Mexico was not significantly influenced by the recent 2002 South American crisis, and maintained positive, although low, rates of growth after a brief period of stagnation in 2001. However, Mexico was one of the Latin American nations most affected by the 2008 recession with its Gross Domestic Product contracting by more than 6%. Moody's (in March 2000) and Fitch IBCA (in January 2002) issued investment-grade ratings for Mexico's sovereign debt. In spite of its unprecedented macroeconomic stability, which has reduced inflation and interest rates to record lows and has increased per capita income, enormous gaps remain between the urban and the rural population, the northern and southern states, and the rich and the poor. Some of the government's challenges include the upgrade of infrastructure, the modernization of the tax system and labor laws, and the reduction of income inequality. The economy contains rapidly developing ...