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This video discusses the various reforms that have been implemented in Mexico in an attempt to improve the country's economic situation. These reforms include structural changes to the economy and the continuing reform of Mexican politics. However, the current economic situation is still very difficult, with high levels of inequality and poverty.

  • 00:00:00 This video discusses the structural reforms needed to implement the neoliberalism in Mexico. The neoliberal program was put into practice in Mexico starting in 1983, and its economic and social policies were closely associated with it. The Mexican government promoted and extensively supported the neoliberal program, which was largely funded by the US government, the International Monetary Fund (IMF), the World Bank, and the Inter-American Development Bank. The neoliberal program was characterized by a series of reforms aimed at changing significantly the economy's structure, covering many areas related to each other. All of these reforms have the declared purpose of improving economic efficiency. The Mexican government has put into practice three structural reforms called "redimensionar al estado," "eliminar rápida y progresivamente los gravámenes y los controles cuantitativos al comercio exterior," and "eliminar paulatinamente los gravámenes al comercio." These reforms are designed to reduce the government's role in the economy, increase private sector efficiency, open the country to foreign investment, and reduce regulatory restrictions. The third structural reform, called "apertura al exterior," is focused on reducing trade barriers and enhancing trade relations with a number of countries
  • 00:05:00 This video discusses the current economic situation in Mexico, and the various reforms that have been implemented to try and improve it. Among these reforms are structural changes to the economy, such as privatizing banks and the Mexican Central Bank's role of ensuring price stability. Another key reform is the continuing reform of Mexican politics, which began in 1977. This seeks to move Mexico towards a representative democracy that can accommodate the social and ideological diversity of its population. The economic growth over the past few years has been moderate, but the real growth rate has been low, inequality is extreme, and poverty and poor living conditions are still widespread. The increasing rate of informality in the workforce and the large number of immigrants coming to Mexico are some of the many expressions of this crisis. The current economic situation has gotten worse and things are not looking good for Mexico. Thanks for watching.

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