1887

OECD Urban Policy Reviews: Mexico 2015

Transforming Urban Policy and Housing Finance

image of OECD Urban Policy Reviews: Mexico 2015

In parallel to a sweeping structural reform agenda, Mexico announced in 2013 a new approach to housing and urban policy. Calling for a more explicit qualitative focus on housing and the urban environment, the policy shift is a welcome development. Mexico urbanised more rapidly than most OECD countries in the past half-century, in part as a result of the expansion of housing finance led by INFONAVIT and facilitated by policies aiming to expand access to formal housing. Yet the quantitative push for formal housing came with quantitative costs: inefficient development patterns resulting in a hollowing out of city centres and the third-highest rate of urban sprawl in the OECD; increasing motorisation rates; a significant share of vacant housing, with one-seventh of the housing stock uninhabited in 2010; housing developments with inadequate access to public transport and basic urban services; and social segregation. How can the Mexican authorities “get cities right” and develop more competitive, sustainable and inclusive cities? How can they improve the capacity of the relevant institutions and foster greater collaboration among them? How can INFONAVIT ensure that its lending activities generate more sustainable urban outcomes as it also fulfils its pension mandate and help Mexicans save more for retirement?

English

.

Urban policy for more competitive, sustainable Mexican Cities

This chapter examines Mexico’s urban policy within a broader context and makes recommendations for a range of actors – including the Ministry of Agrarian, Territorial and Urban Development (SEDATU), the Ministry of Finance and Public Credit (SHCP), the National Bank of Public Works and Services (BANOBRAS), as well as states and municipalities – to contribute to the development of more competitive, sustainable cities. The chapter discusses the country’s “accidental” urban policy of the past as a background for the new directions for urban development currently underway. Strategies for “getting Mexican cities right” – that is, developing a more strategic, integrated approach to urban development – are proposed, along with concrete tools to achieve better urban outcomes.

English

This is a required field
Please enter a valid email address
Approval was a Success
Invalid data
An Error Occurred
Approval was partially successful, following selected items could not be processed due to error