This detailed report on regulatory reform in Mexico outlines developments in regulation in Mexico since the 1980s and makes recommendations for further improvements in the regulatory system. Over the past 15 years, Mexico has expanded regulatory reform as a central element in a broad transformation from a inward-looking economy to an open and market-based economy. Nevertheless, there is still much to be done: regulatory institutions and implementation capacities need to be strengthened; gaps in the current policy framework need to be corrected; regulatory transparency needs to be enhanced; more coordination between levels of government is needed; and regulations should be reviewed, particularly in such areas as bankruptcy, corporate governance, laborlaws, and in such sectors as energy, water management, and education.

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