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Economy Of Mexico: World's Slowest Emerging Market? (2021) - EcAlt > .22-9-18 Real Threat to US' Security = Drug Cartels at Border - Kamome > .
The Mexican Economy is the second largest in Latin America and ranks amongst the top 15 world wide by GDP alone. For more than four decades, it’s been considered a leading Emerging market. A future economy to watch. Yet at the same time, Mexico appears to be stuck in the dreaded Middle Income trap.
Growth between 1990 and 2019 averaged 2.4% per year, half the standard Emerging Market rate. Raising the question… why? Why has Mexico failed to make the jump from Middle to High Income? Why did it’s Economy contract more in 2020 than most? What does it have going for it? And how can it overcome its economic challenges?
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