Mexico has successfully achieved the macroeconomic and financial stability that fosters rapid economic growth. A range of specific reforms implemented in Mexico, which include to improvement in business environment and corporate governance; development of human capital; incentive-based social assistance programs; and broader access for health insurance; have attracted international interest in the Mexican economy.
Monetary policy has also been able to achieve and maintain a low inflation regime, which is vital for the social well-being in emerging economies. Mexico provides an appealing development model for many developing countries. I must compliment the leading lights of public policy in Mexico for these impressive outcomes.