• Economy

    OBG provides coverage of the major macro-economic trends within local economies, including GDP growth, government budgeting, public debt, balance of payments, monetary policy and long-term development strategies.
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Since Donald Trump’s election as US president in November 2016, Mexico’s economy has seen both uncertainty and progress. Just one fortnight after announcing that the US would lift tariffs on Mexican and Canadian steel imports, and publicly encouraging Congress to quickly pass the US-Mexico-Canada Agreement (USMCA), President Trump announced on Twitter that he would place...

Despite a challenging global political environment and subdued domestic GDP growth in 2018, participants in the survey were largely optimistic, with 65% of respondents stating that their company is likely or very likely to make a significant capital investment between mid-2019 and mid-2020. As President Andrés Manuel López Obrador’s administration aims to increase the GDP...

Recent years have seen the number of asylum seekers along the US-Mexico border increasing. A vast majority of people seeking asylum are doing so to escape violence in their home countries, particularly from the Northern Triangle made up of Guatemala, Honduras and El Salvador, but also including small numbers of nationals of African countries, such as Cameroon and Burkina Faso...

As the world’s nations and businesses become increasingly interconnected, so too does the flow of global migration. According to the OECD’s “International Migration Outlook 2018”, in 2017 some 258m people resided in a country other than the one they were born in, and over 5m foreign-born persons were permanently settled in OECD countries. This flow of people not only brings...

In accordance with the constitution, every six years the newly elected president of Mexico is required to prepare a National Development Plan (Plan Nacional de Desarrollo, PND) covering the length of his or her mandate. The plan must be submitted to Congress for approval in the early months of the presidency, allowing the incoming administration to set out its vision for the...

How will the Mexican economy fare in times of growing global protectionism?