Wednesday, June 24, 2009

Forecast, and Suggestion

The OECD is predicting an 8-point decline in Mexico's GDP for 2009, before rebounding somewhat to 2.8 percent growth in 2010.

Also, via the Mexico Institute, here's a piece suggesting that Mexico cut off its oil exports now. I think it undersells (indeed, doesn't even mention) the government's reliance on oil revenue, but the underlying concept --that Mexico should reduce its reliance on oil before nature does so forcibly-- is sound.

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