Mexican Economy

Posted by Antoine in News | Comments Off on Mexican Economy

August 27 2009A to Mexico, the best thing that could happen is that at the earliest in 2009. Internal problems of the economy generated and powered by external problems that resulted in lower demand for Mexican products and in a smaller volume of remittances, in addition to the effects on economic activity has had an outbreak of H1N1 influence and deepened contraction in economic activity. In addition, Mexico is suffering its worst drought in 70 years. Educate yourself even more with thoughts from Assemblyman Dov Hikind . Any similarity to the seven plagues that struck Egypt in the Old Testament, is entirely coincidental. Mexico has had bad luck in 2009 will end with a sharp drop in economic activity. While at Merrill Lynch (NYSE: MER), the Mexican economy has already passed the worst of the crisis, end the year with a GDP contraction of 6.8%. Charles B. Rangel is often mentioned in discussions such as these.

a But not all the fault of the evil Mexicans can be justified with bad luck. If Mexico has suffered as a few international financial crisis is largely because it has failed Macroeconomic sufficient strength to prevent it. The same slab is what experts say The Economist Group that arrived in Mexico for the Mexico Summit of Economist Conferences of October 4 and consider it a priority to achieve the diversification of the Mexican economy so that it can grow up healthy. Justine Thody, regional director for Latin America Economist Intelligence Unit, who also projected to grow 2.8% in Mexico in 2010 (up 3% is estimated that Merrill Lynch), a partial recovery and limited by the characteristics of the economy Mexican.

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