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Harnessing nearshoring opportunities in Mexico by boosting productivity and fighting climate change

Author

Listed:
  • Alberto González Pandiella
  • Alessandro Maravalle

Abstract

Mexico has large potential to boost its productivity and attract investment from companies looking to relocate their operations to North America. It also has an historic opportunity to spread the benefits of trade throughout the country, integrate SMEs more forcefully into value chains and to create more and better value chain linkages. Nearshoring is also an opportunity to step up efforts to address and mitigate climate change. Fully realising these opportunities will require addressing long standing challenges related to transport and digital connectivity, regulations, the rule of law, renewable energy and water scarcity.

Suggested Citation

  • Alberto González Pandiella & Alessandro Maravalle, 2024. "Harnessing nearshoring opportunities in Mexico by boosting productivity and fighting climate change," OECD Economics Department Working Papers 1799, OECD Publishing.
    • Handle: RePEc:oec:ecoaaa:1799-en
    DOI: 10.1787/0ca7fc0a-en
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    More about this item

    Keywords

    Competition; Digitalization; Logistics; Nearshoring; Productivity; renewables; Rule of Law; Trade; Water;
    All these keywords.

    JEL classification:

    • B27 - Schools of Economic Thought and Methodology - - History of Economic Thought since 1925 - - - International Trade and Finance
    • K42 - Law and Economics - - Legal Procedure, the Legal System, and Illegal Behavior - - - Illegal Behavior and the Enforcement of Law
    • L41 - Industrial Organization - - Antitrust Issues and Policies - - - Monopolization; Horizontal Anticompetitive Practices
    • L96 - Industrial Organization - - Industry Studies: Transportation and Utilities - - - Telecommunications
    • Q4 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy
    • Q25 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Renewable Resources and Conservation - - - Water

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