Driven by an ongoing process of economic opening since the 1990s, Mexico has established a solid macroeconomic base. Structural reforms have improved the country’s trade flows, helped to soften the impact of a gradual slowdown in hydrocarbons production and exports, and enabled manufacturing-led economic diversification and regional integration. While Mexico now faces a combination of unprecedented risks that continue to test its resilience to unfriendly economic headwinds, both at home and abroad, the economy benefits from a high degree of regulatory maturity and sound macroeconomic management.
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