‘Cru­cially, its pop­u­la­tion is young and ex­pand­ing, the sin­gle big­gest fac­tor for growth’

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in those sup­ply-side re­forms – they are po­ten­tially a huge plus for pro­duc­tiv­ity gains be­cause they are meant to make it eas­ier for bor­row­ers to get credit, to get con­nected, and to make that work­force even more open and flex­i­ble.”

Not ev­ery­one is happy, though, as so of­ten is the case when change rip­ples through so­ci­ety. For sev­eral months at the end of last year, there were protests from teach­ers who set up a tented camp in Zocalo (Con­sti­tu­tion Square) and blocked roads to the air­port. On at least one oc­ca­sion, there were vi­o­lent clashes as po­lice tried to dis­perse them with tear gas.

Still, for a spec­ta­tor, the re­forms – which have since gone through – seem rea­son­able. Teach­ing po­si­tions can no longer be bought, or in­her­ited by fam­ily mem­bers, and teach­ers will have to un­dergo sys­tem­atic eval­u­a­tions to en­sure they are up to the job.

Oil­ing the En­gine of Growth

Another ma­jor re­form is shak­ing up the en­ergy in­dus­try. Mex­ico is the world’s

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