Making the Mexican Miracle
Mexico's performance over the past decade has been good, but Korea, China, Ireland, Taiwan, and Turkey are Mexico’s new peers.
They have grown more rapidly and delivered greater gains to their citizens. Mexico is like a global corporation in danger of over-confidence while actually losing market share and becoming more vulnerable to unexpected competition and shocks.
Making the Mexican miracle illustrates the threats that the Mexican economy faces, and the steps that it must take to remain competitive.
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