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Mexico's Leadership in Latin America!

October 18, 2012
This year many countries are struggling to maintain ‘economic momentum’, but the ones remaining strong are emerging economies such as Mexico and Brazil.

The IMF sees Mexico growing 3.9% this year, same as a year ago. Brazil, the region’s biggest economy, is expected to grow just 2.5%, down from 2.7% last year. China, the world’s fastest-growing major economy, is expected to slow by a full percentage point, to 8%.

This report by the IMF and many other studies suggest that Mexico will keep growing to the point of surpassing Brazil no later than 2022, positioning Mexico’s economy as the number one in Latin America. Mexico’s incoming and outgoing presidential administrations are finding common ground to make this a reality by approving some key reforms including energy and labor reforms.

President-elect Enrique Peña Nieto who takes office Dec. 1, said in November he’ll stake his administration’s success on attracting private investment to the oil industry and eventually paving the way for selling shares to the public.

Mexico’s leadership in Latin America and many other topics will be covered during the Mexico Investment Summit 2013. Stay tuned!
Castaways Vacation Rentals
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