A positive aspect is related to the more specialized goods being produced. However, new exports markets should be sought in order to reduce the dependency on the United States.
From a social point-of-view, it is important to focus on issues such as education and social equality as they are essential not only for current generations but also for the ones to come. In this sense, OECD reports state "Mexico's education outcomes can be improved by enhancing the effectiveness of its schools. The standards gap between the performance of students in Mexico and other OECD countries can only be reduced if schools become good at what they do" (OECD, n.d.). Teachers that are more prepared and students that have a higher degree of interest can forge a more sustainable education environment. At the moment, according to statistics, "Only 11% of Mexicans aged between 20 and 29 participate in education, only 2 percentage points higher than in 2000, and around half as many as their counterparts in Chile (23%), Brazil (21%), and on average in OECD countries (26%)" (OECD, 2011) This unsatisfactory rate translates into low skilled labor force, which in turn affects unemployment, goods produced, and eventually exports and the economy as a whole.
Mexico has clearly benefited from its participation in the OEDC because it has been provided with necessary guidance in terms of reforms at political, economic, or social level. Working groups have been created with particular focus on the Mexican state and the country has benefit from decades of development experience...
Or Germany.
The transfer of knowledge, of policy making, and of development strategies is one of the most important aspects of cooperation at the global level. In principle, the rules of economics tend to apply, with particular tailoring for the specificities of each country, to a specific number of economic models. Therefore, international cooperation similar to the one conducted at the level of the OECD is benefic for countries such as Mexico because it provides essential input on economic strategies, political approaches and means of political engagement with the citizen, and social well being. Indeed, there is no exact formula for transforming a developing country into a developed one; even so, it is important for countries such as Mexico to benefit from the experience of other countries as well. Further, the participation of countries to such discussion forums is crucial for the exchange of ideas and for creating new ties, regardless of their nature.
Reference list
OECD (2011). "Education at a glance: Country note Mexico" Available at http://www.oecd.org/mexico/48667287.pdf
OECD (n.d.) "Better Life Index. Civic Engagement.," Available at http://www.oecdbetterlifeindex.org/topics/civic-engagement/
Schwellnus, C. (2011), "Macroeconomic and Structural Policies to Further Stabilise the Mexican Economy," OECD Economics Department Working Papers, No. 906, OECD Publishing.
