Report: Mexico’s open-economy approach and new trends in the face of the Covid-19 pandemic

Text size +-

Mexico has implemented fiscally restrained adjustments in response to the pandemic, focusing on monetary policy and the redistribution of federal budgets rather than new loans from multilateral institutions such as the IMF. The country has maintained an open border policy to sustain the economic benefits of tourism, manufacturing and trade. Diverging from other countries in this respect allowed Mexico to become the third-most visited country in the world in 2020. Key public-private investments in infrastructure and technology have the potential to boost economic growth in a country lagging in investment in both areas. Digitalisation across a variety of sectors, notably energy and banking, should help Mexico to both address structural vulnerabilities and reap the benefits of new global economic trends. At the same time, targeting the unbanked segment of the population and taking advantage of fresh demand for lithium and other minerals will generate further growth opportunities.

Click here to download full report.


Covid-19 Economic Impact Assessments

Stay updated on how some of the world’s most promising markets are being affected by the Covid-19 pandemic, and what actions governments and private businesses are taking to mitigate challenges and ensure their long-term growth story continues.

Register now and also receive a complimentary 2-month licence to the OBG Research Terminal.

Register Here×

Product successfully added to shopping cart

Read Next:

In The Americas

ESG Trends 2021: Energy Transition

The shift away from hydrocarbons and towards sustainable forms of energy continued in 2021, with new renewable generation capacity set to reach an all-time high and the international community...

In Economy

Report: What are the post-pandemic prospects for Qatar’s start-ups and...

The disruption to daily life created by the pandemic has precipitated an acceleration of the digital transformation process already under way in the corporate sector in Qatar, with private firms...


Indonesian FinTech start-ups raise stakes for banks

A string of innovative financial products from Indonesian start-ups are circumventing the traditional payment and investment system, helping to broaden financial inclusion and challenging the...