Latin American countries like Brazil, Chile and Argentina have garnered the bulk of investor dollars focused on this region. Yet Mexico may be a dark horse in the field.
Consider the facts that the Mexican economy is 11th in the world, sports large cash reserves and plenty of natural resources...
For years the most prominent feature of Mexico has been its exotic cuisine with all its varied flavors, colorful decoration, and variety of spices while investment options were never taken seriously. Longtime investors have viewed other Latin American economies like Brazil and Argentina with more interest discussing plans possibly sitting in a restaurant serving Mexican cuisine.
While Mexico doesn't quite enjoy the celebrity status of rival Brazil, there is no denying the fact that the country is undergoing something of an economic renaissance. With its last financial crisis more than 10 years behind it, Mexico is enjoying record foreign currency reserves and an investment-grade debt rating, thanks to much-improved fiscal discipline. It even boasts several companies listed on the
Matt Yglesias puts together a Niall Ferguson vs Niall Ferguson debate, then and now. The 2003 Ferguson is in boldface, and the 2010 Ferguson is in italics:
Guns or butter: this is the choice historians conventionally say that governments face. The administration is currently engaged in an audacious — some would say reckless — experiment to disprove this theory. To judge by his actions, the President’s response to the question “Guns or butter?” is: “Thanks, I’ll take both.” This, in short, is the guns and butter presidency.
Are there precedents for such a combination? What’s to say this deficit-spending won’t work? Keynes would tell us that in the current environment we must boost aggregate demand.
Certainly. Long before Keynes was even born, weak governments in countries from Argentina to.....
Global Strategist Jack Dzierwa is just back from an extensive research trip across Latin America. In addition to checking on agricultural prospects in Brazil (detailed here: Brazil Feeds the World), Jack traveled to Chile and Argentina. There he found two very different stories – one good, the other not.
Compared to Western Europe and the U.S., which are dealing with massive sovereign debt burdens and growing default worries, Chile offers a fiscally prudent alternative.
Its public debt-to-GDP is a mere 7 percent, well below Latin American peers like Brazil (60 percent) and Colombia.....
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For years the most prominent feature of 
