TAG: Mexico
With business leaders anticipating both the renegotiation of the North American Free Trade Agreement (NAFTA) and the outcome of the July 2018 Mexican presidential election, the results of OBG’s second Business Barometer: Mexico CEO Survey come at an interesting time. This year, despite persistently high levels of uncertainty influencing the macroeconomic landscape, more than 80% of respondents are positive or very positive about local business conditions, up from 73.5% in 2016, while 72% are likely or very likely to make a significant capital investment in the next 12 months.
The last quarter of 2017 surprised even the most optimistic observers. However, the positive performance of that period does not preclude a sense of uncertainty for 2018, a year that will likely prove decisive for the region.
Health care is a central developmental pillar that functions as an engine of social and economic growth for all countries. The correlation between a healthy population and strong economic growth is undeniable. However, according to the World Health Organisation, Mexico ranks 61st out of 191 countries for overall health efficiency. This is behind many nations with lower socio-economic rankings in other metrics, such as those in South-east Asia.