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This publication sheds light on the issue of decentralisation in Mexico. It shows that decentralisation can make decision-making more efficient and increase local participation in development issues. Decentralisation can provide a better framework to improve local infrastructure and to channel the necessary finance from public and private sources. The modernisation of infrastructure systems in Mexico's cities and regions would improve the quality of life and stimulate economic development, thus fostering entrepreneurship and employment. The initiatives being launched in Mexico in this direction constitute a major change of the country, one better adapted to the opportunities of the global economy and to the country's increasingly pluralistic system. Over time, Mexico will make better use of its own natural and human resources, reducing inequality and broadening opportunity throughout its territory.

Urban, Rural and Regional Development --- Decentralization in government --- Infrastructure (Economics) --- Local government --- Government - Non-U.S. --- Law, Politics & Government --- Government - Mexico --- Mexico --- Capital, Social (Economics) --- Economic infrastructure --- Social capital (Economics) --- Social infrastructure --- Social overhead capital --- Economic development --- Human settlements --- Public goods --- Public works --- Capital --- Economic policy

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This paper assesses macroeconomic developments and progress in institution building during 1994-1998. The five year interim period envisaged in the peace accords has ended, and the paper takes stock of what happened in this period. The paper was prepared in the Spring of 1999 and draws on work done by IMF staff visits to West Bank and Gaza in the fall of 1998 and Spring of 1999. It analyzes developments in a number of areas and draws lessons for the future.

Fiscal policy --- Banks and banking --- Agricultural banks --- Banking --- Banking industry --- Commercial banks --- Depository institutions --- Finance --- Financial institutions --- Money --- Tax policy --- Taxation --- Economic policy --- Finance, Public --- Government policy --- West Bank --- Gaza Strip --- Economic conditions. --- Infrastructure (Economics) --- 331.30 --- PLO / Occupied Palestinian Territory --- 338 <569.4> --- 338 <569.4> Economische situatie. Economische structuur van bepaalde landen en gebieden. Economische geografie. Economische produktie.economische produkten. Economische diensten--Israël --- Economische situatie. Economische structuur van bepaalde landen en gebieden. Economische geografie. Economische produktie.economische produkten. Economische diensten--Israël --- Capital, Social (Economics) --- Economic infrastructure --- Social capital (Economics) --- Social infrastructure --- Social overhead capital --- Economic development --- Human settlements --- Public goods --- Public works --- Capital --- Economische toestand --- Banks and Banking --- Labor --- Public Finance --- Demography --- Banks --- Depository Institutions --- Micro Finance Institutions --- Mortgages --- Nonwage Labor Costs and Benefits --- Private Pensions --- Employment --- Unemployment --- Wages --- Intergenerational Income Distribution --- Aggregate Human Capital --- Aggregate Labor Productivity --- Social Security and Public Pensions --- Education: General --- Labour --- income economics --- Pensions --- Public finance & taxation --- Education --- Pension spending --- Economic theory --- Labor market