translated from Spanish: The Mexico that receives the new Government

Andrés Manuel López Obrador, led the new Administration will face an economic overview with various challenges such as job creation, investment, regional disparity and working poverty.
This new Government receives a country that has grown at a rate of 2.5% annual average in the past six years, a labor productivity, which has grown at an average annual rate of 0.6% in the same period and with a level of public investment that represents 3 percent of GDP.
The Government of Enrique Peña Nieto had mixed results in the various economic indicators that Mexico, how can we? (MCV) tracks. For example, the economic growth observed during the last 2.5 Administration % annual average, not reached the established goal of 4.5%.
“This growth was driven by the performance of the tertiary sector, which comprises activities to services; the sector experienced an annual average growth of 3.2% during administration. However, the growth of secondary activities was obstructed by the performance of the mining sector; between the 1 St quarter of 2013 and 2018 3rd, the average annual growth of mining was – 4.0% “, says Mexico, how can we?
Job creation was positive in the administration of Peña Nieto. Until October 2018, had generated 4 million 61 thousand 243 formal jobs and represents the largest number of formal jobs generated in administration in the past 25 years.
In terms of investment, however, the results are not positive. Between the second quarter of 2012, before the start of the Administration, and the second quarter of 2018, total investment in Mexico rose from 22.9% 22.3% of national GDP. While private investment increased by 0.8 percentage points during the period, 18.5% 19.3%, public investment fell significantly. Represent 4.3% of the GDP in 2012, in the second quarter of 2018 was equivalent to 3.0 percent of GDP.

While in six years labour productivity during the Government of Peña Nieto had an average growth of 0.6%, standing away from the established goal of 4.8%. Productivity in secondary activities, which include construction, and industries declined at an average rate of 2.6% during the years of the last Government.
Both in the service sector and focused activities to agriculture and livestock had improvements in their productivity levels.
The new Administration will also face a challenge in working poverty. While the proportion of people living in poverty work in the country fell from 40.5% in the third quarter of 2012 to 39.3% in the same quarter of 2018, the proportion is higher than the target of 20.5% established by MCV.
The third quarter of 2018, 49 65 000 511 Mexicans may not acquire the food basket with the income from the work of your home.
“In addition to the obvious challenges in national indicators, the new Government will face the challenge of the regional disparity in Mexico, a problem highlighted by the difference in the levels of economic growth, the generation of formal employment and levels of” poverty in States such as Nuevo Leon, Baja California and Jalisco, consistently showing positive results, and States such as Chiapas, Guerrero and Oaxaca, which presents backwardness in various indicators”, highlights Mexico, how can we?

Original source in Spanish

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