MercoPress. South Atlantic News Agency
Mexico Ousts Brazil as Investors’ Top Choice in Latin America
Due to increasing economic stability and a growing population, Brazil is now widely considered an economic powerhouse capable of maintaining and attracting foreign direct investments.(1)(2) However, recent corruption schemes, changes in monetary policy, and the ongoing 2008 global financial crisis have undermined Brazil’s shining reputation. In light of Brazil’s governmental intervention, the number of state-controlled enterprises, the growing debt-to-GDP in the private sector, and inflation rates, investors have begun to turn their attention to other economies in Latin America, especially Mexico.(3) Read full article
Comments
Disclaimer & comment rulespure propaganda of deception
Aug 11th, 2012 - 03:33 am - Link - Report abuse 0But it could get so much worse if 'Bolivarian' politics via 'Venezuela's Mercosur' start infecting Brasil's trade with the world and inward investment opportunities.
Aug 11th, 2012 - 04:28 pm - Link - Report abuse 0It seems to me that the world's investors are seeing Mercosur's debacle and Chavez's obvious influence, and saying “Mexico, even with the drugs, killings and crime, is a better bet than Brasil.”
The drug wars and absence of structural reforms negated Calderon´s year in office. But he did a lot of other things, mainly a so called Zero Base Regulation, a program in his administration that eliminated thousands of regulatory norms and procedures that restrained business operations significatively, he simpliflied many burocratical processes and today anyone can open a business in Mexico in a few days, sometimes in one single day, anyone can patent new technologies quickly and inexpensively, or register a brand online in a few minutes.
Aug 11th, 2012 - 04:48 pm - Link - Report abuse 0The Mexican government was also very orthodox economically with a very tight fiscal discipline. Even when the American economy is growing at a pace of 2 or 3%, Mexico has achieved growth greater than 4%, thanks to many FTAs that are opening markets to mexican manufactures.
Brazil will find its way to solid growth and anyone knows you have be a real fool to pull your investments out of Brazil. But Mexico needs not compete with Brazil, in many ways they both help Latin America to become a more significative region in the world.
#3. :-)
Aug 11th, 2012 - 06:39 pm - Link - Report abuse 0”Moreover, the recent electoral triumph of Peña Nieto and the return of the notoriously pro-business, Partido Revolucionario Institucional (PRI) has made Mexico an increasingly attractive destination for foreign investments. The pro-market reforms that many expect to accompany the PRI’s return”
Aug 11th, 2012 - 08:55 pm - Link - Report abuse 0Amazing, especially after 12 years of the hard-right PAN. Just goes to show what the markets want in a country and whats good for its people are two different things!
as i typed many times, Mexico is a hell hole. This is nothing cheap propaganda copy past e garbage research done by HSBC and CITI Bank that you could find in forbes, businessinsider and many more mouth louds for the banksters, you know, those money laundring friendly folks.
Aug 12th, 2012 - 04:04 am - Link - Report abuse 0Fido Dildo
Aug 12th, 2012 - 02:03 pm - Link - Report abuse 0Of course, the favelas of Brasil are NOT hell-holes than?
“The violence spilling out of Brazil's slums or 'favelas' has made the country's two major cities more dangerous than most war zones.”
Mmm. Not saying Mexico is not a drugs war zone, BUT, they seem to realise messing with the market (as Rousseff does) sends out the wrong message to international investors (and it very rarely works).
#7,
Aug 12th, 2012 - 03:16 pm - Link - Report abuse 0Well said!
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