Reforms Will Help Mexican Economy
World Economy

Reforms Will Help Mexican Economy

The Mexican economy, as measured by the inflation-adjusted gross domestic product data, will expand 2.5% in 2016, Plastics News reported. This follows similar gains of 2.5% in 2015 and 2.3% in 2014. Our forecast for a steady pace of growth in the coming year is based on expectations that a decline in domestic economic activity resulting from the recent drop in oil prices will be mitigated by an increase in demand for Mexican exports from the US. Regrettably, Mexico is not yet able to benefit fully from the strengthening US economic recovery. The Mexican industrial sector is still struggling from a need for infrastructure upgrades and other types of structural reforms necessary to support a more rapid expansion of its industrial capacity. Under current conditions, an annual growth rate of 2.5% in its GDP is about all that can be expected in terms of long-term economic growth. Recent fiscal reforms will help attract the necessary investment, but it will take a few years for this process to produce more rapid growth in industrial capacity.


Short URL : http://goo.gl/ONxLgG
  1. http://goo.gl/2Hbxaa
  • http://goo.gl/xSWvVH
  • http://goo.gl/fQc7GB
  • http://goo.gl/4SO9a3
  • http://goo.gl/x4Esqu

You can also read ...

More and more Thai merchants are integrating WeChat Pay and Alipay’s systems to cater to tourists.
The internet has changed the way most people live. Through...
Cambodia’s economic outlook remains positive, but is subject to downside risks.
The IMF Managing Director Christine Lagarde expressed optimism...
More India Bank Frauds Revealed
Over 25,800 fraud cases involving about Rs179 crore ($1.79...
Qatar Calls to Investigate UAE Bank’s Bogus Deals
Qatar has asked US regulators to investigate the US subsidiary...
Free trade achieves more good for the planet.
US President Donald Trump’s steel tariffs have brought the...
Morocco Currency Reform on Right Track
Few weeks after the launch of the gradual dirham float, the...
EU Readies Tax on US Technological Titans
The European Union will next week unveil plans for a digital...
Apparel imports from ASEAN are growing, spurred by low labor costs  in such countries as Vietnam.
Import prices for apparel and daily goods in Japan plunged...