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ArtikelSenores, Start Your Engines; The Economy  
Oleh: [s.n]
Jenis: Article from Bulletin/Magazine
Dalam koleksi: The Economist (http://search.proquest.com/) vol. 405 no. 8812 (Nov. 2012), page SS5-SS8.
Topik: International Trade; Economic Growth
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  • Perpustakaan Pusat (Semanggi)
    • Nomor Panggil: EE29.74
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    • Tandon: tidak ada
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Isi artikelOnce shuttered off by tariffs and trade controls, Mexico has opened up to become a place where the world does business. The North American Free-Trade Agreement (NAFTA), which in 1994 eliminated most tariffs between Mexico, the United States and Canada, was only the beginning: Mexico now boasts free-trade deals with 44 countries, more than any other nation. Changes are under way in Mexico's factories, its financial sector and even its oil and gas fields, that augur well for a very different decade. Latin America's perennial underachiever grew faster than Brazil last year and will repeat the trick this year, with a rate of about 4% against less than 2% in Brazil. Mr Pena is aiming to get annual growth up to 6% before his six-year presidency is over. By the end of this decade Mexico will probably be among the world's ten biggest economies; a few bullish forecasters think it might even become the largest in Latin America. China's cut-price export machine sucked billions of dollars of business out of Mexico. But now Asian wages and transport costs are rising and companies are going west.
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