The Americas Economy

Given that Mexico shares a long land border with the largest economy in the world, and that, particularly since the North American Free Trade Agreement (NAFTA) came into force in 1994, barriers to trade and investment between the two countries are minimal, it is natural that the US would be Mexico’s most important economic partner. These...

Given Mexico’s location on the doorstep of the world’s largest economy, its low unit labour costs, and its openness to trade and investment, the country has become a manufacturing hub serving the US and other markets. Since the North American Free Trade Agreement (NAFTA) was implemented in 1994, the country has become deeply integrated into...

Geographically and culturally diverse, Mexico is the second-largest economy and second most populous nation in Latin America. The country boasts more than 11,100 km of coastline and various terrains ranging from desert to mountains to rainforests, as well as a rich cultural heritage that includes numerous well-preserved ancient indigenous...

The current government has made a number of changes to Mexico’s federal labour law. One of its first initiatives in December 2012 was to regulate outsourcing through third-party hiring or subcontracting by sharply increasing fines chargeable to employers for violating outsourcing regulations, making individual employment contracts more...

Mexico is the third-largest and second most populous country in Latin America. It is connected by language and culture to the countries lying to the south, while geography makes it part of North America and provides for close economic ties with the US and Canada. Memberships to the North American Free Trade Agreement (NAFTA), the OECD and the...