Mexico

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Global trade faces protectionist headwinds that are dampening the outlook for growth in the coming years. According to the World Trade Organisation (WTO), trade volumes expanded by 3% in 2018 and are expected to decline slightly to 2.6% in 2019 before rebounding to 3% in 2020. This may be the first time since the 2007-08 global financial crisis that growth will fall below a 3...

Despite occurring a quarter of a century ago, Mexico’s financial crisis of 1994-95 continues to cast a long shadow over the sector. As consumer and business confidence collapsed, so did bank credit as a share of GDP. Bankers and their regulators adopted and promoted much more conservative lending practices, resulting in many consumers and smaller businesses being locked out of...

The three decades before the 2007-08 global financial crisis were marked by the world’s financial networks becoming increasingly interconnected. Financial system regulatory convergence, the growing penetration of World Trade Organisation rules and the creation of currency unions, such as the euro, resulted in a surge in cross-border capital flows. Global banks began to see the...

How will the Mexican economy fare in times of growing global protectionism?

What are the aims of the National Development Plan (Plan Nacional de Desarrollo, PND) 2019-24?

Winning the 2018 presidential elections on a populist, anti-corruption ticket, the administration of President Andrés Manuel López Obrador, commonly known as AMLO, has proved controversial in the first months of its six-year term. As homicide rates continue their upward trajectory, national polls show dissatisfaction, with some segments of the electorate impatient to see...

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