Mexican Fiscal And Gopolitical Risks In 2024
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2024-04-25
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Abstract
Macroeconomic policies, Petroleos Mexicanos (PEMEX) and Asian foreign investment seem to be the key drivers of the Mexican economy during 2024. The IMF, under art. IV Consultation of the IMF articles of agreement made a closed examination of the Mexican economy during 2023(IMF, 2023, pp. 1–105). The Organization pointed out the opportunities and challenges the Mexican Economy faces in 2024. Additionally, the fiscal balance of the public Mexican company PEMEX seems to represent a potential risk to the Mexican financial position due to the public company's over-indebtedness. Finally, geopolitical interest in Mexico is growing. While Asian investment is coming to Mexico due to the benefits of nearshoring and Mexican external trade policy, the United States government is worried about potential threats to national security that foreign investment in the Mexican economy could create to the U.S.
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Rodriguez-Correa T.D. (2024) Mexican fiscal and geopolitical risks in 2024, Semillero de Derecho Público, Universidad Santo Tomás Seccional Villavicencio
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