| Emerging Markets Reporters
Mexico Trade Surplus
Mexico's exports surged up 36% in January from a year earlier, driven by petroleum products. The rise outpaced a 23% annual jump in imports leaving the trade surplus at $398 million.
- Information provided by Euromoney group sources.
Rising US interest rates should in theory lead investors to withdraw money from emerging economies so those in Latin America suffering weak growth. But leading debt bankers feel that the party has some time to go.
Mexico is reaping the rewards of recent economic reforms, an upbeat Luis Vidagaray tells Emerging Markets, as he indicates that the economy can hit a 5% growth target.
Next year’s IMF and World Bank meetings will be in the Peruvian capital Lima. Lucien Chauvin looks at how the country has succeeded in posting the fastest growth on the South American continent.
Still smarting from defeat in the US Supreme Court over the bond holdouts, Argentina’s economy minister Axel Kicillof insists the recession-hit country is in the right and is turning down offers of money
Seen and heard in the corridors of the Annual Meetings
Women's participation in the labour force still lags men's by 12% even in developed economies. In the MENA region it can be up to 50%. That is a wasted resource - and best practice examples show countries and companies that tackle the problem outperform
Something needs to be done to improve lending in the country. That’s what competition should do… We’re so far from where we should be in terms of credit-to-GDP
Jesse Ang, International Finance Corp
Copyright © Euromoney Institutional Investor PLC 2010. All rights reserved.