2014 Outlook Grows Cloudy

MEXICO - Report 20 Mar 2014 by Mauricio González and Ernesto Cervera
Executive Summary Now that the first phase of the structural reform process is complete, attention has shifted back toward more immediate concerns, especially the extent to which the economy is likely to grow in 2014. In previous issues of Weekly Trends: Mexico Economy we have argued that GDP growth in 2014 will depend on how quickly and efficiently public spending can be channeled in ways that will have the greatest impact on consumption and investment.Clearly officials have accelerated the pace of public spending, but it is not yet clear just how effectively such expenditures might transl...

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