1 / 25

Mexico Bordering on Success?

Mexico Bordering on Success?. Jorge G. Gonzalez Trinity University. Six years ago . Catastrophic Devaluation of the Peso Significant Capital Outflows Skyrocketing Inflation Collapse of the Domestic Economy Unprecedented Political Crisis. Ad Augusta per Angusta.

drew
Download Presentation

Mexico Bordering on Success?

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. MexicoBordering on Success? Jorge G. Gonzalez Trinity University

  2. Six years ago ... • Catastrophic Devaluation of the Peso • Significant Capital Outflows • Skyrocketing Inflation • Collapse of the Domestic Economy • Unprecedented Political Crisis

  3. Ad Augusta per Angusta • Monetary and Fiscal Discipline • Banking Crisis: Foreign Investment • Avoid Scandals • Democratic Change

  4. Results • Solid Growth Record

  5. Real GDP% Change Source: Banco de México www.banxico.org.mx

  6. Results • Solid Growth Record • Decline in Inflation Rate

  7. Inflation Rate Source: Banco de México www.banxico.org.mx

  8. Results • Solid Growth Record • Decline in Inflation Rate • Decline in Interest Rates

  9. Interest Rates28-day CETES Source: Banco de México www.banxico.org.mx

  10. Results • Rapid Economic Growth • Decline in Inflation Rate • Decline in Interest Rates • Increase in Employment

  11. Employment(Thousands of IMSS Members) Source: INEGI www.inegi.gob.mx

  12. Results • Rapid Economic Growth • Decline in Inflation Rate • Decline in Interest Rates • Increase in Employment • Strong Peso

  13. Exchange RatePesos per U.S. Dollar Source: Banco de México www.banxico.org.mx

  14. Results • Rapid Economic Growth • Decline in Inflation Rate • Decline in Interest Rates • Increase in Employment • Strong Peso • Strong International Sector

  15. International TradeBillions of Dollars Source: Banco de México www.banxico.org.mx

  16. Zedillo’s Legacy • Rapid Economic Growth • Decline in Inflation Rate • Decline in Interest Rates • Increase in Employment • Strong Peso • Strong International Sector • Democratic Change

  17. Bordering on Success? • Weak U.S. economy • Overvalued Peso

  18. Inflation Differential vs. Exchange Rate 287.0 Inflation 201.5 Exchange Rate Source: Banco de México www.banxico.org.mx

  19. Foreign Direct InvestmentBillions of Dollars Source: Banco de México www.banxico.org.mx

  20. Bordering on Success? • Weak U.S. economy • Overvalued Peso • Fiscal Reform

  21. Bordering on Success? • Weak U.S. economy • Overvalued Peso • Fiscal Reform • Fox and Congress

  22. Bordering on Success? • Weak U.S. economy • Overvalued Peso • Fiscal Reform • Fox and Congress • Crisis Abroad

  23. Bordering on Success? • Weak U.S. economy • Overvalued Peso • Fiscal Reform • Fox and Congress • Crisis Abroad • War on Poverty

  24. MexicoBordering on Success? Jorge G. Gonzalez Trinity University

  25. MexicoBordering on Success? Jorge G. Gonzalez Trinity University www.trinity.edu/jgonzal1

More Related