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Published on Thursday, May 21, 2020

Mexico | Growth is essential for development and well-being

In recent days, as a result of the publication of the document "The new economic policy in times of the coronavirus", a debate has erupted in the country about whether economic growth should be an objective of economic policy and an adequate measure of development and well-being.

Key points

  • Key points:
  • Economic growth is a necessary but not sufficient condition to achieve the goals of further development and a fuller and fairer society
  • We are a country with great limitations and deficiencies, in which a large part of the population does not have savings to face a contingency, nor does it have unemployment insurance mechanisms, nor does it have access to quality health and education

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