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Mexico’s Four Obstacles to Competitiveness

Posted August 26, 2014

Under Economic Issues, International Trade Issues

(Arturo Bris – IndustryWeek)

This month Mexico signed substantial reforms into law.

“Mexico’s reform agenda is now complete. Eleven structural reforms were passed by congress over the past 20 months. [These] reforms intertwine in a single goal: to increase Mexico’s productivity and competitiveness,” wrote President Enrique Peña Nieto in the August 20 edition of the Financial Times.

In the aftermath of the crisis that started in 2009, Mexico has engaged in a massive program of meaningful economic and social reforms. Its economic performance in the past two years has been relatively good and the success of the trade agreements with its two North American partners is unquestionable. Read more here.