Key issues

Emerging economies at a crossroads: from expansion to uncertainty

International credibility, key to Mexico’s new six-year term

Mexico is an emerging sui generis economy. It has a higher income per capita compared to most other emerging countries. A portion of its qualitatively important industrial and service sectors are significantly integrated into the global economy. Furthermore, this segment of the Mexican economy benefits from a human capital that is comparable to that of many advanced countries. At the financial level, the market’s depth and integration is also higher than that of most emerging economies. It has also been ambitious in proposing structural reforms (although their results have certainly...