Mexico went from 46th to 48th place in the 2019 Global Competitiveness Index generated by the World Economic Forum. This index measures 12 pillars of the economies of more than 140 countries to consider their global competitiveness. One of the pillars in which Mexico observed a decrease in its rating between 2018 and 2019 was macroeconomic stability. This occurred due to the increase in inflation in 2018, as well as the increase in public debt. to.

a. Determine the reasons why macroeconomic stability plays an important role in the competitiveness of countries

b. Establishes the measures that could be carried out by the corresponding authority to increase the competitiveness of a country in economic terms