TAG: Mexico
We can all accept it at this point: we live in uncertain times. To be sure, all countries, whether emerging or developed, experience a certain grade of incertitude – but some do more than others.
Mexico is coexisting with the biggest uncertainty hurricane of its recent history, particularly since the North American Free Trade Agreement (NAFTA), the 23-year-old treaty with the US and Canada, was sentenced to death by US President Donald Trump.
Although economic openness left Mexico more exposed to the global financial crisis than some of its Latin American peers, its economic profile has since allowed it to bounce back as global trade and investment flows recover, and past structural reforms begin to bear fruit.