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México: How to Tap Progress

November 2, 2012
Federal Reserve Bank of Dallas, Houston Branch

Over the past decades, Mexico has achieved milestones in macroeconomic reform, such as openness to trade, low inflation and fiscal discipline. However, economic growth has been tepid and per capita income stagnant, ultimately resulting in little improvement in living standards. This conference explored what holds Mexico back and what the future may bring.

Conference sessions explored the role of institutions, input markets, labor market informality, trade and insecurity on economic growth and development.


7:45 a.m.

Registration and Continental Breakfast

8:45 a.m.

Welcoming Remarks
Richard Fisher

President and CEO
Federal Reserve Bank of Dallas

Opening Address
What Does Mexico Need to Do to Grow Like a Latin American Puma?
Timothy J. Kehoe
University of Minnesota

Moderator: Richard Fisher

9:30 a.m.

Panel 1: Institutions

Moderator: Carlos Zarazaga, Federal Reserve Bank of Dallas

Mexico: The Long Reach of Inequality and AuthoritarianismPowerpoint
Stephen H. Haber

Stanford University

Why Do Reforms Not Help Deliver Growth in Mexico?Powerpoint
Fausto Hernandez Trillo
Centro de Investigación y Docencia Económicas—CIDE

10:30 a.m.


10:45 a.m.

Panel 2: Input Markets

Moderator: Ed Skelton, Federal Reserve Bank of Dallas

Mexico's Unfulfilled PotentialPowerpoint
Kenneth B. Medlock III
Rice University

Mexico's Meandering Telecommunication SectorPowerpoint
Ernesto Flores–Roux
Centro de Investigación y Docencia Económicas—CIDE


Tequila Talks: Thoughts on Mexico
Tony Garza

Former U.S. Ambassador to Mexico

1:15 p.m.

Panel 3: Labor Market Informality

Progress Report: Survey on Labor Paths for a Better Understanding of Labor Dynamics in MexicoPDF
: Federico Rubli Kaiser, Comisión Nacional del Sistema de Ahorro para el Retiro

Informality and the Expansion of Social Protection Programs: The Case of MexicoPDF
Oliver Azuara
Inter-American Development Bank

Understanding Informal Employment in MexicoPowerpoint
Benjamin Temkin
Facultad Latinoamericana de Ciencias Sociales (FLASCO—Mexico)

2:15 p.m.

Plenary Session

Moderator: Pia Orrenius, Federal Reserve Bank of Dallas

Mexico's Competitive Position in the New Global EconomyPowerpoint
Gordon H. Hanson
University of California at San Diego

3:00 p.m.


3:15 p.m.

Panel 4: International Trade

Moderator: Roberto Coronado, Federal Reserve Bank of Dallas

Labor Market Consequences of Trade Liberalization and Competition in Foreign Markets: The Case of MexicoPowerpoint
Daniel Chiquiar
Banco de México

How to Tap Progress: The Role of Trade OpennessPowerpoint
Raymond Robertson

Macalester College

4:15 p.m.

Panel 5: Crime and Violence

Moderator: Eric L. Olson, Mexico Institute, Woodrow Wilson International Center for Scholars

Violence and International Migration in Mexico Powerpoint
Liliana Meza González
National Population Council and Universidad Iberoamericana

Public Safety in Mexico and Strengthening the Rule of Law
Samuel Gonzalez Ruiz
Universidad Nacional Autónoma de México

5:15 p.m.


Contact Information

For more information, contact Magda Salazar at 214-922-5253 or


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