Mexico’s economy evolves to stay put

MXPE Weekly Essentials ft. unexpected manufacturing contender, and other highlights in Mexican politics, policy, and markets from the past week.

MXPE Weekly Essentials. Only the most important news in Mexican politics, policy, and markets from the past week.

Last week’s highlights:

• Not-quite-shoring—The talk used to be all about nearshoring, the promise of manufacturing from China reshoring onto North American shores. Now it is a free for all in the broad restructuring of the global economy.
  In this context, Mexico continues to boggle the mind of international investors. Gautam Bhandari, Managing Partner of I Squared Capital—a global infrastructure investment firm—told The Mexico Political Economist he’d never seen a country with such a misalignment in positive marco-economic and geo-political factors whilst having such poor performance.
  Last week showcased the mixed bag of these very promises and problems facing the Mexican economy: