What are the external pressures on the local economy, and how are Banco de México’s policies effective in managing such risks?
What are the external pressures on the local economy, and how are Banco de México’s policies effective in managing such risks?
After absorbing heavy lessons that accompanied the financial crisis of the 1990s, Mexico’s banking system established a solid regulatory environment, and this resulting resilience allowed it to sail through the worst consequences of the 2008-09 global financial crisis. Today, stemming from further reform measures, Mexico’s banking industry...
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...
Mexico is a federal republic constituted by the legislative, executive and judiciary branches of government. The Congress of the Union consists of two chambers: a Chamber of Deputies with 500 members, elected every three years, and a Senate composed of 128 representatives, elected every six years. In both cases, seats are chosen through a...
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...
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...
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