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As much as an additional 2.5 percentage points of estimated growth could be generated in the Mexican economy by bringing competitive practices. This includes introducing competition and lowering prices in sectors ranging from telecom, transportation to banking. The most glaring example is the telecom monopoly in Mexico. Mexico's Competition Commission and the OECD study estimates about one third of Mexcan household purchases are made in monopolisic or oligopolistic sectors. Other areas for change to generate this additional growth are the oil sector, electricity, and labor laws. The Pact for Mexico signed by all of the major political parties is designed to make these changes after decades of slow GDP growth.
Grouped Articles
Mexico’s economy: The cartel problem
Economist 08.27.2011
How Mexico Ended Political Gridlock
Wall Street Journal 08.15.2013
Mexico's Big Cellular Problem: Carlos Slim
BusinessWeek 05.27.2010
New Rules to Reshape Telecom in Mexico
New York Times 03.07.2014
Bank of Mexico Surprises With a Cut in Its Interest Rate
Wall Street Journal 06.07.2014
Carlos Slim to Break Up Mexico's Leading Telecommunications Firm
Wall Street Journal 07.10.2014
Economist 06.03.2015
Mexico’s economy: Making the desert bloom
Economist 08.27.2011
Mexico Goes After Its Monopolies
Wall Street Journal 03.12.2013
Mexico’s Richest Man Confronts a New Foe: The State That Helped Make Him Rich
The New York Times 08.09.2016
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