Dossier
World Competitiveness Yearbook
Coverage of World Competitiveness Yearbook in the Nexus archive.
- Institutional inefficency and judicial uncertainty drag Mexico down in new competitiveness ranking
Mexico fell seven spots to 62nd in the IMD's global competitiveness ranking due to lower institutional efficiency and legal uncertainty. It declined across all four pillars—economic performance, government efficiency, business efficiency, and infrastructure—with Singapore topping the list. Mexico's employment strengths, including low unemployment rates, contrast with weaknesses in business legislation and infrastructure.