CATEGORY: OBG Business Barometer
With national elections scheduled for July and the renegotiations of the North American Free Trade Agreement (NAFTA) ongoing, 2018 was likely to be a turbulent year for Mexico. In spite of this, the business community appears to be more optimistic than ever. In our latest OBG Business Barometer: Mexico CEO Survey, 88% of interviewed C-suite executives had positive or very positive expectations about local business conditions over the coming 12 months. As the election nears, however, respondents said that tackling corruption (36%) and improving rule of the law (19%) should be the main priorities for the next administration.
With elections scheduled in Colombia, Mexico and Brazil, the coming months will be crucial for the interests of Latin America. For Mexico, 2018 was expected to be a somewhat turbulent year, but in spite of this, the business community appears more positive than ever.
When I wrote about a year ago on the findings of our inaugural Oxford Business Group Business Barometer: Oman CEO Survey, I talked of the “no pain, no gain” scenario for the sultanate’s planners. Our findings back this up – if anything, more explicitly – 12 months later.