MercoPress, en Español

Montevideo, September 30th 2023 - 23:21 UTC

Tag: Partido Revolucionario Institucional (PRI)

  • Friday, August 10th 2012 - 22:28 UTC

    Mexico Ousts Brazil as Investors’ Top Choice in Latin America

    Peña Nieto, the return of PRI and the recovering US economy are expected to boost the Mexican economy

    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)