A New Vision for Mexico 2042: Achieving Prosperity for All

SAGE Publications India
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Mexico is at a critical juncture. The next administration will assume power at a particularly crucial time in Mexico's economic and social development. Its priorities and actions will have a decisive impact on the country's long-term economic, social, and even, political trajectory. If the political paralysis that has prevented the last two administrations from tackling Mexico's fundamental economic problems continues for another six years, the country may slide from its current low-growth equilibrium into a vicious cycle of economic stagnation, and subsequently dash the peoples' hopes, further erode the government's credibility, and worsen the law and order situation. By contrast, if the new administration embraces a well-balanced reform agenda and adopts a package of bold initiatives early in its term, it could once again unleash Mexico's vast potential and build the foundations of a more prosperous, safer and dynamic society.

A New Vision for Mexico 2042 identifies the priority issues that could influence Mexico's long-term economic trajectory, and outlines a balanced action program necessary to effectively address these issues. It includes reforms and actions that would simultaneously achieve much higher and more inclusive growth, and thus would restore the sense of pride and optimism among Mexicans that has been eroding in recent years. The issues discussed are ofsuch importance that the legacy of the next Presidency could well be determined by the administration's willingness and ability to implement the agenda outlined in this book.

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About the author

Claudio M. Loser is CEO and President of Centennial Latin America, and is Advisor for the Emerging Markets Forum. Loser is also a Senior Fellow at the Inter-American Dialogue. Since 2005 he has been an adjunct professor of Economics (Latin American Economic Development) at George Washington University, and has lectured at the Foreign Service Institute of the US Department of State. For thirty years and until November 2002, he was a staff member of the International Monetary Fund. During the last eight years of his tenure he was Director of the Western Hemisphere Department at the IMF. He graduated from the University of Cuyo in Argentina and received his MA and PhD from the University of Chicago. Loser has published extensively, including the book Enemigos together with the Argentine journalist Ernesto Tenenbaum, where they discuss the relations of the IMF and Argentina in the 1990s. He also is co-editor of “Latin America 2040—Breaking Away from Complacency: An Agenda for Resurgence” (2010).

José Fajgenbaum is the Director of Centennial Group, Latin America. He co-authored “The New Resilience Of Emerging Countries: Weathering the Recent Crisis in the Global Economy” and has cooperated extensively with the Japanese International Cooperation Agency (JICA). Previously, he served at the International Monetary Fund for some 30 years, progressing from economist to Deputy Director in three departments: African, European, and Western Hemisphere. Key roles included leading missions to countries, such as Brazil, Israel, Peru, Russia, and South Africa. Before joining the IMF, he served as an economist/lecturer in the Economic Development Institute of the World Bank, and as a professor in the Economics Department of the National University of Cuyo. He completed studies for PhD in economics at the University of Chicago, 1979, and obtained the degree of Licenciado en Economia from the National University of Cuyo, Argentina, 1972.

Harinder S. Kohli is the Founding Director and Chief Executive of the Emerging Markets Forum as well as Founding Director, President, and CEO of Centennial Group International, both based in Washington, DC. He is the Editor of Global Journal of Emerging Markets Economies. Prior to starting his current ventures, he served over 25 years in various senior managerial positions at the World Bank. He has written extensively on the emergence of Asia, Latin America, Africa, and other emerging market economies, financial development, private capital flows, and infrastructure. He is an author and co-editor of India 2039: An Affluent Society in One Generation (2010), (2010), A Resilient Asia amidst Global Financial Crisis (2010), Islamic Finance (2011), Asia 2050: Realizing the Asian Century (2011), and A New Vision for Mexico 2042: Achieving Prosperity for All (2012). He led Centennial Group teams that helped ADB and CAF develop their long term corporate strategies. Mr. Kohli is currently leading a year-long EMF study on the long term prospects and challenges faced by emerging market economies worldwide.

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Additional Information

Publisher
SAGE Publications India
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Published on
Nov 13, 2012
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Pages
352
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ISBN
9788132111177
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Best For
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Language
English
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Genres
Business & Economics / Economics / General
Business & Economics / General
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Content Protection
This content is DRM protected.
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The New York Times bestselling Freakonomics changed the way we see the world, exposing the hidden side of just about everything. Then came SuperFreakonomics, a documentary film, an award-winning podcast, and more.

Now, with Think Like a Freak, Steven D. Levitt and Stephen J. Dubner have written their most revolutionary book yet. With their trademark blend of captivating storytelling and unconventional analysis, they take us inside their thought process and teach us all to think a bit more productively, more creatively, more rationally—to think, that is, like a Freak.

Levitt and Dubner offer a blueprint for an entirely new way to solve problems, whether your interest lies in minor lifehacks or major global reforms. As always, no topic is off-limits. They range from business to philanthropy to sports to politics, all with the goal of retraining your brain. Along the way, you’ll learn the secrets of a Japanese hot-dog-eating champion, the reason an Australian doctor swallowed a batch of dangerous bacteria, and why Nigerian e-mail scammers make a point of saying they’re from Nigeria.

Some of the steps toward thinking like a Freak:

First, put away your moral compass—because it’s hard to see a problem clearly if you’ve already decided what to do about it. Learn to say “I don’t know”—for until you can admit what you don’t yet know, it’s virtually impossible to learn what you need to. Think like a child—because you’ll come up with better ideas and ask better questions. Take a master class in incentives—because for better or worse, incentives rule our world. Learn to persuade people who don’t want to be persuaded—because being right is rarely enough to carry the day. Learn to appreciate the upside of quitting—because you can’t solve tomorrow’s problem if you aren’t willing to abandon today’s dud.

Levitt and Dubner plainly see the world like no one else. Now you can too. Never before have such iconoclastic thinkers been so revealing—and so much fun to read.

Which is more dangerous, a gun or a swimming pool? What do schoolteachers and sumo wrestlers have in common? Why do drug dealers still live with their moms? How much do parents really matter? How did the legalization of abortion affect the rate of violent crime?

These may not sound like typical questions for an economist to ask. But Steven D. Levitt is not a typical economist. He is a much-heralded scholar who studies the riddles of everyday life—from cheating and crime to sports and child-rearing—and whose conclusions turn conventional wisdom on its head.

Freakonomics is a groundbreaking collaboration between Levitt and Stephen J. Dubner, an award-winning author and journalist. They usually begin with a mountain of data and a simple question. Some of these questions concern life-and-death issues; others have an admittedly freakish quality. Thus the new field of study contained in this book: Freakonomics.

Through forceful storytelling and wry insight, Levitt and Dubner show that economics is, at root, the study of incentives—how people get what they want, or need, especially when other people want or need the same thing. In Freakonomics, they explore the hidden side of . . . well, everything. The inner workings of a crack gang. The truth about real-estate agents. The myths of campaign finance. The telltale marks of a cheating schoolteacher. The secrets of the Ku Klux Klan.

What unites all these stories is a belief that the modern world, despite a great deal of complexity and downright deceit, is not impenetrable, is not unknowable, and—if the right questions are asked—is even more intriguing than we think. All it takes is a new way of looking.

Freakonomics establishes this unconventional premise: If morality represents how we would like the world to work, then economics represents how it actually does work. It is true that readers of this book will be armed with enough riddles and stories to last a thousand cocktail parties. But Freakonomics can provide more than that. It will literally redefine the way we view the modern world.

Bonus material added to the revised and expanded 2006 edition

The original New York Times Magazine article about Steven D. Levitt by Stephen J. Dubner, which led to the creation of this book.

Seven “Freakonomics” columns written for the New York Times Magazine, published between August 2005 and April 2006.

Selected entries from the Freakonomics blog, posted between April 2005 and May 2006 at http://www.freakonomics.com/blog/.

An ancient land, Central Asia occupies a geostrategically critical place at the heart of Eurasia, bridging the vast continental space that is Europe and Asia.

Central Asia today faces great opportunities as well as daunting challenges. The principal message of this book is that the region has significant potential and a unique opportunity to accelerate its economic and social development.

A major lesson for the future from Central Asians’ past is that they thrived most when they were open to the world and to each other in terms of trade, investment, and bold thought, with a commitment to intellectual and religious pluralism and tolerance.

The book articulates an aspirational vision for 2050. Under this vision, the region will have achieved widespread prosperity such that by 2050, a vast majority of Central Asians will be middle class with commensurate income and quality of life. Social, institutional, and governance indicators will have improved in tandem and reached at least the level of South Korea and Central Europe today.

No doubt, Central Asia will face many challenges: as individual countries and as a region. However, challenges also represent opportunities. The book identifies several of these in specific areas, including the efficient development of the energy and agriculture sectors; developing modern manufacturing and service industries that are well integrated into global supply chains; fostering inclusive human development; mitigating and adapting to climate change; integrating with global and regional markets; and improving governance and institutions. A particular challenge, cutting across all others, is how Central Asia manages its increasingly scarce and critical water resources.

Achieving the ambitious aspirational Vision 2050 is plausible, though by no means pre-ordained. Many of the policy and institutional reforms noted in this book will not come easy and take time to design and implement. Regional leaders, individually and collectively, will need to pursue them with a sense of commitment and urgency.

An ancient land, Central Asia occupies a geostrategically critical place at the heart of Eurasia, bridging the vast continental space that is Europe and Asia.

Central Asia today faces great opportunities as well as daunting challenges. The principal message of this book is that the region has significant potential and a unique opportunity to accelerate its economic and social development.

A major lesson for the future from Central Asians’ past is that they thrived most when they were open to the world and to each other in terms of trade, investment, and bold thought, with a commitment to intellectual and religious pluralism and tolerance.

The book articulates an aspirational vision for 2050. Under this vision, the region will have achieved widespread prosperity such that by 2050, a vast majority of Central Asians will be middle class with commensurate income and quality of life. Social, institutional, and governance indicators will have improved in tandem and reached at least the level of South Korea and Central Europe today.

No doubt, Central Asia will face many challenges: as individual countries and as a region. However, challenges also represent opportunities. The book identifies several of these in specific areas, including the efficient development of the energy and agriculture sectors; developing modern manufacturing and service industries that are well integrated into global supply chains; fostering inclusive human development; mitigating and adapting to climate change; integrating with global and regional markets; and improving governance and institutions. A particular challenge, cutting across all others, is how Central Asia manages its increasingly scarce and critical water resources.

Achieving the ambitious aspirational Vision 2050 is plausible, though by no means pre-ordained. Many of the policy and institutional reforms noted in this book will not come easy and take time to design and implement. Regional leaders, individually and collectively, will need to pursue them with a sense of commitment and urgency.

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