As the new government, headed by Andrés Manuel López Obrador, of the National Regeneration Movement, prepares to take office in December 2018, the intertwined challenges of security, corruption and economic growth will be at the forefront of the political agenda, with the incoming administration working to meet the promises of the campaign trail to secure further growth via...
Against the backdrop of critical national elections and the ongoing renegotiation of the North American Free Trade Agreement, 2018 was likely to be a turbulent year for Mexico. In spite of this, the business community remains highly optimistic. In the latest OBG Business Barometer: Mexico CEO Survey, conducted between September 2017 and March 2018, 88% of the more than 150...
Decades of growth in trade and foreign direct investment (FDI) have seen world economies become more interconnected and interdependent than ever before. The production of goods and, increasingly, the provision of services has become fractured across borders as corporations create and integrate into regional and global value chains – a process...
The Mexican economy has remained healthy due to high levels of manufacturing and trade, with the domestic market also playing an increasingly critical role in GDP expansion on the back of rising incomes. As Mexicans become better connected, both in terms of ICT use and global trade, domestic consumption is displaying new patterns through e-commerce. The rise of online shopping...
Despite its solid performance amid uncertain macroeconomic conditions, Mexico’s banking system has lagged behind in its ability to increase the availability of financial services across the country. To address this, the authorities have recently approved a number of regulatory changes to structure the provision of IT-based financial services....
Driven by an ongoing process of economic opening since the 1990s, Mexico has come to establish a solid macroeconomic base. Structural changes have allowed the country to improve trade flows and helped to soften the impact of a gradual slowdown in hydrocarbons production and exports. The rise of the country’s manufacturing base on the back of the North American Free Trade...
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