Measures implemented include the privatization of many public-sector enterprises, deregulation, improved public finances, and notably, the opening of the economy to trade and investment with the rest of the world.
As of 2013, adjusted for purchasing power parity, Mexico is the world’s eleventh-largest economy, with an income per capita above $ Its population approaches 120 million, with almost half younger than 25, and most living in urban areas.1 The dynamics of fertility and mortality rates have led to a decrease in the dependency ratio, with a wider base of working-age people, yielding benefits in terms of total employment.