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The Contrarian: Reforms the key to improve competitiveness in Mexico

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The World Economic Forum’s annual competitiveness ranking is the global beauty pageant for competing nations.  Mexico, the darling of emerging markets in the 1990s, had gradually slipped into the “ugly duckling” range of nations, ranking No. 66 by 2010.  But Mexico got a bit of a face lift in September 2011, rising eight positions to No. 58, and that was the largest single-year improvement of any country in the Western Hemisphere. The sudden acknowledgement was well-deserved.  In spite of congressional deadlock and heinous, mob-like crime, Mexico’s executive branch has done what it can to improve the country’s business environment.  The […]
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