The Americas Economy

Nuevo León hosts a number of quality higher education institutions, some of which frequently appear at the top of both national and international rankings. With such a strong educational base, the state is able to advance research and development (R&D) and innovation, bringing with it numerous benefits for the development of the local...

Responding to the implementation of sweeping energy reforms at the federal level, Nuevo León undertook to create an energy cluster to ensure intra- and inter-sector coordination, address emerging challenges and take advantage of upcoming investment opportunities.

Manufacturing has been a primary growth driver in Nuevo León for a long time. However, the sector has lately been experiencing a slight slowdown, as illustrated by the decline of its share in state GDP from 24.84% in 2014 to 23.17% in 2015, resulting in part from less robust demand from the US and subsequently lower exports.

Having been plagued by chronic high inflation and periodic crisis until the mid-1990s, Mexico turned to economic liberalisation in the wake of the 1994-95 “Tequila crisis”. Among the important reforms was the granting of independence to the central bank, Banco de México (Banxico), in the operation of monetary policy, along with a clear mandate...

Since the mid-1990s, Mexico has undergone a remarkable structural transformation. From being relatively closed and heavily dependent on oil exports to drive growth and accrue foreign currency, the country has progressively liberalised and integrated into regional and global value chains. At the same time, oil production has been in long-term...

Mexico is gearing up for general elections that will be held in June 2018. The country will be going to the polls to choose a new president as well as 500 members of the Chamber of Deputies and 128 members of the Senate. Coming at a time of increased uncertainty over the North American Free Trade Agreement (NAFTA) and the future of free trade...