Economy

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...

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...

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...

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...

Latin America has always been a region of opportunities and frustrations. Opportunities exist due to its vast landmass, generous natural resources, limited involvement in the First and Second World Wars, and isolation from racial and religious conflicts that other regions of the world have been exposed to for decades. Despite these advantages, Latin America continues to be an...