38465
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 ...

Saudi Arabia Bleeds as Capital Flight Continues
As Saudi Arabia raises the stakes in its dispute with Canada...
Experts Say China Economy Manageable
Recent external pressures, a general global trade malaise...
 Final Nail in Abraaj Coffin
The Abraaj Group has been put through the ringer in past...
Qatar Pledges $15b Investment :      Turkish Lira Weakens 6% on Threat of More US Sanctions
Turkey’s battered lira weakened more than 6% against the...
Europe Should Resist Illegal US Penalties
European countries should take effective steps to counter US...
Australia Drought Could Cost $12 Billion
The Reserve Bank of Australia and a new report have warned of...
Indonesia Sets Moderate Growth Goals
Amid rising external pressures, Indonesia’s economy is...
 Crypto Scams on the Rise in UK
Crypto currency scams are using images of celebrities and...

Trending

Googleplus