TAG: The Americas
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.
In economics, as in life, everything comes and goes. In 2016 commodity prices were down and most Latin American currencies depreciated. Now, less forex volatility and more reasonable commodity prices have led many to hope for a more promising future.