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Much of the reason for the mediocre economic performance has been beyond the government's control.
The main reason for Mexico's mediocre economic performance (annual growth has averaged just 2.3% since 1982) is low productivity.
Mediocre economic performance means that income per head in the region has declined by 0.3% per year since 1998.
Instead, nationalist and authoritarian regimes have been in power for most of the past quarter-century, pursuing state-capitalist growth models that ensure only mediocre economic performance.
Punta's crisis is a product of long-term social trends as well as five years of generally mediocre economic performance in Argentina.
Similar(54)
Even in the United States, economic performance has remained mediocre, with growth hovering around 1.5% for the last few quarters.
Even before the latest recession, economic performance had turned mediocre: in the 1990s, growth averaged only 3.3% a year and income per person rose by only 1.5% a year, while inequality another old Latin American vice increased.In many countries, but in Argentina especially, democratic politicians are seen to have failed.
Without them, Brazil's economic performance will remain, at best, mediocre; at worst, it risks high inflation or a debt default.There is a long way to go.
Technological innovation and economic performance.
The mediocre economic growth, in turn, brought mediocre job and income growth — and the crisis more than erased those gains.
Economic performance in 1995 was mixed.
Related(20)
inadequate economic performance
poor economic performance
weak economic performance
lackluster economic performance
inferior economic performance
marginal economic performance
bad economic performance
low economic performance
unsatisfactory economic performance
average economic performance
mediocre economic recovery
mediocre relative performance
mediocre online performance
mediocre economic growth
mediocre economic environment
mediocre educational performance
mediocre average performance
mediocre academic performance
mediocre financial performance
mediocre military performance
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