In any case, the Governing Board has repeatedly stated that it will remain vigilant in order to detect elements that may put convergence at risk and act appropriately. Concluding remarks Integration in the world economy through the liberalization of trade and investment has yielded Mexico significant benefits in terms of greater economic activity, efficiency, and especially, consumer wellbeing.
However, Mexico’s unsatisfactory long-term economic performance points to stagnant productivity related to factors such as excessive regulation and lack of competition in key areas. Current structural reforms have the potential to tackle some of these problems if the new rules and their implementation provide a reliable framework for better regulation and increased competition.