About the Focus Mexico

As far as Latin America is concerned, Mexico has remained in Brazil’s shadow for years, writes Die Welt. But the country is now enjoying a period of prosperity, with a growth rate of 3.5% and the trust of foreign investors, placing it ahead of Brazil for the third year running. The Mexican government undertook the structural reforms recommended by analysts: consolidation of public finances, an autonomous central bank and a solid financial system. Strong domestic demand and a low tax burden also create an attractive situation for investors, which include Audi, Coca Cola and Chinese trading companies. President Enrique Pena Nieto, who has been in power since December 2012, now aims to overhaul the education system: this goal, keenly awaited by economic policy – makers, should increase productivity in the country.