World News Insights
1-3 Minute Gist
Search, personalize, or simply browse. Follow the world around you from gist and context to insights.
Who we are | Our Credo | Ways of using Lyrarc | FAQ | Send Feedback | First Letter From the Editor
Sign up. It's free and easy to use
Create an account
to personalize your feed of articles and topics.
All Topics Article
Trump’s Harder Line on Mexico Casts Shadow on Long-Term Growth Picture
Tags: Current Focus, Mexico,
The campaign rhetoric for renegotiating NAFTA and building a wall at the border has had a sharply negative effect on growth in Mexico. Growth slowed in 2016 and is expected to be close to zero in 2017 with declining foreign investment in the economy. The uncertainty is leading to sharp decline in foreign direct investment of 24% in the first 9 months of 2016, according to the Bank of Mexico. Further declines can be expected in 2017. The decline in the value of the peso of 16% since May 2016 has led to 6 interest rate increases in the past year. Inflation on annual basis was at 4.72% in Jan. 2017 and is rising. As Mexico depends on exports for one third of its output growth, and 80% is sent to the U.S., there is a need to diversify with trade agreements made with the European Union and other countries. Mexicans now question the value of NAFTA trade agreement as average growth of 2.6 since NAFTA was signed is below the 4.6% in the 2 decades prior to that. And poverty level is the same with about 60% of people in the underground economy. In addition crime, drug trade, a weak education system, weak rule of law, political corruption, show that Mexico has not made the progress since NAFTA that it should have made.
Mexico's fading growth and drop in peso's value after the election of Trump in 2017
02/12/2017
Grouped Articles
Trump’s Harder Line on Mexico Casts Shadow on Long-Term Growth Picture
WSJ 02/12/2017
Opinion: Don’t underestimate Trump's new immigration rules | Opinion | DW.COM | 22.02.2017
DW.COM 02/22/2017
Mexico is growing less pessimistic about Donald Trump
The Economist 04/14/2017
U.S. Trade Gap With Mexico Widens Amid Weak Peso
WSJ 05/04/2017
Mexican Growth Seen More Dependent on Domestic Issues
WSJ 08/01/2017
Mexico Vote Snubs the Political Establishment
WSJ 07/03/2018
Latin American economies Peru, Chile, Colombia, Brazil, and Mexico as the commodities boom cycle fades in 2013-2015
05/06/2010
Commodities exports make up about one fifth of output in Peru and Chile. Slowdown in growth in China will affect exports of copper and other metals. Brazil's growth faces additional hurdles with low investment rates, poor infrastructure and other problems. This in turn affects companies ranging from beer producers to other companies depending on sales in the region.
Grouped Articles
Latin America Boom Starts to Fade
Wall Street Journal 05/30/2013
No Ticker Tape Parade for Brazil's Currency Heroes
Wall Street Journal 06/06/2013
Thousands Gather for Protests in Brazilâs Largest Cities
New York Times 06/17/2013
Anger Spills Onto Brazil's Streets
Wall Street Journal 06/18/2013
Brazil, Fortune and Fate Turn on Billionaire
New York Times 06/23/2013
Brazil’s disappointing economy: Stuck in the mud
Economist 06/27/2013
Mexico's economy 2010-2017
08/27/2011
Grouped Articles
Mexico’s economy: Making the desert bloom
Economist 08/27/2011
Mexico’s economy: The cartel problem
Economist 08/27/2011
Latin American geoeconomics: A continental divide
Economist 05/27/2013
Wall Street Journal 05/28/2013
Latin America Boom Starts to Fade
Wall Street Journal 05/30/2013
Mexico, China Seek to Jump-Start Trade
Wall Street Journal 06/04/2013
The Pacto Por Mexico, Dec. 2, 2012- a landmark event for Mexico and its northern neighbors
08/15/2013
WSJ's Juan Montes interviews the important politicians of three major political parties who made the landmark event for Mexico happen on December 2, 2012- the Pacto por Mexico. Politicians from the three major political parties, the PAN, the PRD in the opposition and the PRI in government under president Nieto, show remarkable courage to sidestep old rivalries and differences. For PAN which faced PRI opposition on similar reform efforts, it was about foregetting revenge. For the PRD leader Zambrano who helped create a moderate left party, it was about forging a new beginning and making the initial overtures to the president. President Nieto and economist Videgaray deserve credit for grasping the significance of the PRD's proposal for the pact and working hard to make it a reality. Mexico now has the opportunity to become the most dynamic economy in the Americas after the U.S. From the pain of 15 years of stalled politics betwen the left, centre and right parties emerged a new consensus for the way forward. An exceptional piece of reporting by Montes on a landmark event for the Americas at a time when more children of Hispanic origin are born in the U.S. than of any other ethnic group- building a Mexico of opportunity and access and bridging a large part of the opportunity gap with its northern neighbors.
Grouped Articles
How Mexico Ended Political Gridlock
Wall Street Journal 08/15/2013
Health Battle Over Soda Flares in Mexico
Wall Street Journal 08/28/2013
Mexico Girds for Education Standoff After Contentious Bill Passes
Wall Street Journal 09/03/2013
Mexican President Announces Tax Overhaul
Wall Street Journal 09/09/2013
President of Mexico Proposes Tax Overhaul
New York Times 09/08/2013
Energy Plans Derail Political Accord in Mexico
Wall Street Journal 11/30/2013
The precarious nature of some Mexicans entry into the middle class
01/28/2013
Mexico's middle class is growing. Yet many Mexicans not employed in the formal economy lack worker protections, health insurance, social security and have small savings. This means the loss of a job or some other economic mishap can quicky change things.
Grouped Articles
Health Battle Over Soda Flares in Mexico
Wall Street Journal 08/28/2013
In Middle of Mexico, a Middle Class Rises
New York Times 11/18/2013
Mexico Expects Modest Revival Now, Bigger Bang Later On
Wall Street Journal 05/07/2014
Bank of Mexico Surprises With a Cut in Its Interest Rate
Wall Street Journal 06/07/2014
An interview with Mexican President Enrique Peña Nieto - The Washington Post
Washington Post 09/30/2014
As Mexico claws toward prosperity, some in middle class slide back - The Washington Post
Washington Post 01/28/2013
Mexico's economy 2015-2017
08/08/2015
Grouped Articles
Mexico’s economy was supposed to soar. It’s starting to flop. - The Washington Post
Washington Post 08/08/2015
Trump’s Harder Line on Mexico Casts Shadow on Long-Term Growth Picture
WSJ 02/12/2017
Mexico’s States Gained Power and Money; Then Came Corruption
WSJ 03/13/2017
Mexico is growing less pessimistic about Donald Trump
The Economist 04/14/2017
Mexican Growth Seen More Dependent on Domestic Issues
WSJ 08/01/2017
Mexico's Felipe Calderon: An Assessment
07/02/2012
Mexico's Felipe Calderon looks back at his policies and what they achieved for Mexico in a meeting with WSJ Editors in Sept. 2012. He describes the problems he faced and why he pursued an aggressive fight against drug gangs- the need to establish a rule for law state in the country. The achievements he cites- 113,000 engineers graduating each year in Mexico. The growth of jobs and the diminishing need for Mexicans to cross the border into the U.S. as the economy improved in Mexico during his 6 years in office.
Grouped Articles
Mexico Restores Ex-Ruling Party to Power
Wall Street Journal 07/02/2012
Mexico’s truth, from Mr. Calderón - The Washington Post
Washington Post 10/01/2012
Stephens: The Paradoxes of Felipe Calderón
Wall Street Journal 09/28/2012
Middle-class Mexicans snap up more products ‘Made in U.S.A.’ - The Washington Post
Washington Post 10/02/2012
For Mexican voters gripped by fear, few good choices - The Washington Post
Washington Post 10/02/2012
In Mexico, auto industry fuels middle class - The Washington Post
Washington Post 10/02/2012
We took a different way to help millions around the world build educated informed mindsets that affects and shapes their lives. For a future that is open, global and digital, with everyone having access to high quality information. We believe in the renewal of America, renewal of Europe, the renewal of India, the rest of Asia, Latin America and Africa. The renewal of our supply chains, health, education, infrastructure, as we rebuild our countries after the pandemic. Literacy and knowledge we believe cannot thrive and grow in a world of web bots, web crawlers, or AI. This requires human curiosity, human learning, and human imagination. We take as inspiration the saying- “One has to be free, and as broad as sky. One has to have a mind that is crystal clear, only then can truth shine in it.” Every contribution whether big or small is precious- in this crisis and ahead.
Support Lyrarc from as small as $1
Terms and Conditions | Copyright Policy | Privacy Policy | Contact Us