Increasing women’s participation in the economy could boost Mexico’s GDP by 6.9 trillion pesos over the next decade At its current pace, it would take Mexico 56 years to reach the OECD’s current women’s economic participation rate, requiring the inclusion of 18.6 million women in the workforce. State-level GDP could be, on average, 4.9% higher … Continue reading More women, greater growth Economic impact at the national and state level

Mexico requires effective mechanisms to close the gender pay gap Despite progress on gender equality, the gender pay gap persists in Mexico. Women tend to earn 15% less than men. As part of the initiatives promoted by President Claudia Sheinbaum, the definition of the gender pay gap has been incorporated into the legal framework, and … Continue reading Mexico requires effective mechanisms to close the gender pay gap

The imposition of tariffs on specified products would impact 4.7% of Mexican exports. Certain goods that were not affected by the tariffs imposed in 2018 have now been incorporated, including auto parts, household appliances, and electronic products, which are crucial to the industry in at least eleven Mexican states. On February 10, President Donald Trump … Continue reading The potential impact of US tariffs on aluminum is greater than in 2018

Tariffs 101: What Are They, Who Foots the Bill, and Who Wins (if anyone)? By Diego Marroquín Bitar and Valeria Moy What Are Tariffs? Tariffs are taxes that governments impose on trade. While they can apply to exports, they are primarily levied on imports, typically to protect local industries. Imagine a local market selling apples. The … Continue reading Tariffs 101: What Are They, Who Foots the Bill, and Who Wins (if anyone)?

Faced with tariffs, Mexico and Canada should bet on trade openness: IMCO The imposition of tariffs—25% on products from Mexico and Canada and 10% on those from China—announced on February 1 by President Donald Trump is unprecedented in the history of North American trade relations. In response to the tariffs set to take effect on … Continue reading Faced with tariffs, Mexico and Canada should bet on trade openness: IMCO

Women in Business 2024 In 2024, boards of directors in Mexico remain predominantly composed of men, with women holding just 13% of the seats.  The participation of women in senior executive positions has declined. While women in CEO roles dropped from 4% to 3%. Nearly half of the companies have at least one reporting error … Continue reading Women in Business 2024

IMCO and Wilson Center assess USMCA four years down the road  The United States–Mexico–Canada Agreement (USMCA) celebrates its fourth anniversary on July 1. The USMCA modernized the 1994 North American Free Trade Agreement (NAFTA) and gave continuity to the regulatory framework of the trade relationship between Mexico, the United States and Canada. With four years … Continue reading IMCO and Wilson Center assess USMCA four years down the road