Mexico: Can It Move to the Next Level?
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24 April, 2014 | (01 hr)
Mexico’s strong economic performance during 2011 and 2012 together with the installation of the new administration led by Enrique Peña Nieto has increased hopes that, after two decades of slow growth, the country is finally making the transition to achieve a higher growth path. However, a disappointing 2013 performance—a growth rate of less than 2 percent—has led to renewed concerns about whether Mexico is again living up to its reputation as a “perennial underachiever. A recent study by the McKinsey Global Institute, A tale of two Mexicos: Growth and prosperity in a two-speed economy, points at how a modern, fast-growing, highly productive economy and a traditional, low-productivity one are pulling in opposite directions, reducing GDP growth and progress in living standards.
One of Mexico’s leading business executives, Pablo Gonzalez, and the lead author of the McKinsey study, Jaana Rames, will join Bart van Ark, The Conference Board’s Chief Economist, to discuss the future of the Mexican economy from a scenario perspective.
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Pablo González Guajardo
Pablo González is the chief executive officer of Kimberly-Clark de México (KCM), a publicly traded consumer products company listed on the Bolsa de Valores de Mexico. Prior to his appointment as chief executive officcer in April 2007... Full Bio
Dr. Jaana Remes is a partner at the McKinsey Global Institute (MGI), McKinsey's business and economics research arm, based in San Francisco, and the lead author of a new study by the McKinsey Global Institute on Mexico’s growth performance: ... Full Bio
Bart van Ark, Ph.D.
Bart van Ark is executive vice president, chief economist & chief strategy officer of The Conference Board. He leads a team of almost two dozen economists in New York, Brussels and Beijing who produce a range of widely watched economic indicat... Full Bio