Mexico’s Economy

Recession in Mexico’s economy

When the American economy was growing, successive Mexican governments counted on foreign investment and exports to generate growth. Exports account for almost a third of Mexico’s gross domestic product. But more than 80 percent of them go to the U.S., and when Americans stop buying, there is no market for Mexican-made goods. Mexico is credited by economists with economic policies that reduced debt and tamed inflation, but that has not saved it from the pain [...]

In Mexico, an energized economy raises hopes

As Mexicans risk their lives to illegally emigrate to the USA and Yet in places such as this tourist town that caters to the burgeoning middle class outside Mexico City, many Mexicans say their future looks brighter than it has in generations.