Mexico

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Despite a challenging global political environment and subdued domestic GDP growth in 2018, participants in the survey were largely optimistic, with 65% of respondents stating that their company is likely or very likely to make a significant capital investment between mid-2019 and mid-2020. As President Andrés Manuel López Obrador’s administration aims to increase the GDP...

Recent years have seen the number of asylum seekers along the US-Mexico border increasing. A vast majority of people seeking asylum are doing so to escape violence in their home countries, particularly from the Northern Triangle made up of Guatemala, Honduras and El Salvador, but also including small numbers of nationals of African countries, such as Cameroon and Burkina Faso...

How do you assess the scope for renewable energy in Mexico, and what role can development banks play in developing this segment?

Since the nationalisation of the oil industry and the establishment of state-run Petróleos Mexicanos (Pemex) in 1938, hydrocarbons production has been a significant driver of growth, and the energy and utilities sector remains a key cornerstone of Mexico’s economy. The sector has evolved rapidly in recent years after a comprehensive energy reform was introduced in December...

Reform has led to new opportunities in Mexico’s energy sector, especially in terms of renewable power generation. The country has launched three auctions for solar and wind projects in recent years, with the first held in early 2016. However, President Andrés Manuel López Obrador – known by his acronym AMLO and who came to office in December 2018 – is not expected to support...

Reaching lower-income segments of the population is notoriously challenging for insurers. In a country such as Mexico, where almost half of the 129.5m-strong population lives below the poverty line and the insurance culture is still underdeveloped, this is particularly difficult. As a result, Mexico has become a leading developer of micro-insurance plans, which are tailored to...

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