TAG: Economy

Jaime Perez-Seoane de Zunzunegui
5 December 2016
OBG CEO Surveys

The recent victory of Donald Trump in the US presidential election has fostered uncertainty within the Mexican business community. Hundreds of articles have been written about what could happen if NAFTA were reviewed and how Mexico would cope without its major trading partner. 

Jaime Perez-Seoane de Zunzunegui
4 December 2016
OBG CEO Surveys

In spite of benefitting from record levels of FDI and a booming automotive sector, Mexico’s economy is expanding at a fragile rate, with GDP growth expected to ease to 2.1% in 2016, according to the IMF. Nonetheless, as demonstrated by a recent survey of C-suite executives by Oxford Business Group, business leaders in the country – Mexican and foreign alike – are broadly positive about the outcome of the government’s package of structural reforms. Indeed, investor confidence remains high, with the vast majority of respondents planning to make a significant capital investment in the year ahead. However, with this expected increase in economic activity comes concerns about the availability of skilled labour and the need to improve the competitiveness of the tax environment to make the most of Mexico’s long-term prospects. 

 

Souhir Mzali
8 December 2016
Economic Roundups

“Abidjan is a boom-town with an exploding economy, shipping out great quantities of coffee and timber and manifesting a flair for making a real splash in terms of putting on the dog.”

That sentence (which prompted to me look up the meaning of “putting on the dog,” a 19th century phrase implying luxury and glamour, and referring to men’s stiff so-called dog collars worn at formal events) was written in 1971 by an American journalist of Cote d’Ivoire’s then-capital, suggesting the West African economy was on a fixed path towards prosperity.

 

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Africa Economy

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