TheGlobalEconomy.com Measure: percentSource: The World BankDefinition: Annual percentage growth rate of GDP at market prices based on constant local currency. Aggregates are based on constant 2010 U.S. dollars. GDP is the sum of gross value added by all resident producers in the economy plus any product taxes …
Craig A. Deare Armed forces have played an important role in Mexican society throughout the creation and formation of the nation. From la Revolución of 1910-1917 to the modern-day, the military has held an influential and powerful position in Mexico’s political structure. In this publication, Craig Deare addresses …
Photo: bpr.org Pedro Ramírez Campuzano There are 50 new unoccupied cities in China. We are used to tracking the history of a city from a small coterie evolving over decades and centuries to become a metropolis, not the other way around. This is why when looking at a brand new city with all the best …
RESEARCH UPDATE: Mexico ‘BBB’ Foreign Currency And ‘BBB+’ Local Currency Long-Term Ratings Affirmed; Outlook Remains Negative Overview Mexico is poised to close 2021 with a 5.8% rebound in GDP, which leaves a still sizable outputgap coming out of the pandemic-induced recession in an economy that …
Luis Rubio The evidence of economic stagnation and social regression is overwhelming. Programs of social transfers to the president’s clienteles, although politically motivated, do not compensate for the impact of the pandemic nor for the lack of growth that Mexicans have experienced in these last …
2021 a momentous but confusing year This year has been significant economically and politically, characterized by its great volatility and the deplorable lack of leadership in the Western world. The United States is being governed by a good man with a severe cognitive problem, which …
Luis Rubio The problem with bets is that they are binary: all or nothing. When a government plays the betting game, as when one plays with fire, it can end up badly. For three years, the Mexican president has placed odds on a series of …
The countries’ leaders that form the CUSMA, USMCA, T-MEC will meet for the first time. Three countries agreed to lift trade barriers promoting a regional economic integration. The North American Free Trade Agreement (NAFTA) came into force on January 1, 1994. Canada, Mexico, and the …
Luis Rubio The confusion is justified because a good part of the population lives in a world of fear or anger, both poor counsels but that, in the era of social media, are not only ubiquitous but dominant. Worse yet, while previously each of these …
Antonio Navalón The visit of U.S. Ambassador Ken Salazar to the National Palace is something that, given our history – and above all the enormous impact of our bilateral relationship – is always of greater importance than the visit of any other diplomatic representative. The …