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    Published on Thursday, May 21, 2020

    Mexico | Growth is essential for development and well-being

    Summary

    In recent days, as a result of the publication of the document "The new economic policy in times of the coronavirus", a debate has erupted in the country about whether economic growth should be an objective of economic policy and an adequate measure of development and well-being.

    Key points

    • Key points:
    • Economic growth is a necessary but not sufficient condition to achieve the goals of further development and a fuller and fairer society
    • We are a country with great limitations and deficiencies, in which a large part of the population does not have savings to face a contingency, nor does it have unemployment insurance mechanisms, nor does it have access to quality health and education

    Geographies

    Topics

    Authors

    Carlos Serrano BBVA Research - Chief Economist

    Documents and files

    Press article (PDF)

    200521_ArtPrensa_CarlosSerrano.pdf

    Spanish - May 21, 2020

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