Mexico's Transition to a Knowledge-Based Economy : Challenges and Opportunities
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Washington, DC : World Bank
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This book is about how Mexico can
transform itself into a knowledge based economy by tapping
into a number of existing socioeconomic advantages:
macroeconomic stability, emerging regional enterprise
clusters that combine local talent with a dynamic private
sector, geographical proximity to the world's knowledge
economy powerhouse-the United States, as well as a rich
cultural base that generates a wealth of ideas.
Mexico's transition to a knowledge-based economy
provides a broad assessment of the country's readiness
to join the global knowledge economy, highlighting the
importance of education and institutional reform, and of
creating an environment that is conducive to innovation.
This transformation, however, is not only about shaping the
reform agenda from the top down. It also means
trial-and-error experimentation to test what works and what
doesn't in the Mexican context, and then taking
successful bottom-up initiatives to scale. The book takes a
dual approach in its analysis and recommendations. It
tackles both the strategic long-term agenda, which entails
many difficult changes and choices, while also proposing a
diversity of pragmatic, short-and medium-term entry points
to initiate and promote the transition within the current
institutional structure.
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