The Economist Mexico Survey

I read during the weekend the Economist Mexico Survey. If you follow the situation in the country the conclusions they reached won’t surprise you very much.

  • The economy hasn’t collapsed, but is growing very slowly.
  • The country needs structural reforms in order to grow.
  • The informal part of the economy is unhealthily big, and the tax collection rates are abysmal.
  • Mexico is still too dependent on oil, especially for its public finances.
  • Security is a bigger concern than it should be.
  • The new government should focus on improving its standing with the part of the population that doesn’t share its programme.

I have to say, that it didn’t make me happy, but could’ve been worse. If only the politicians read this…

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