“With its combination of modernity and poverty, Mexico provides lessons for all emerging markets.”
This article from the Economist highlights the struggles in emerging economies to ‘bridge the gap between a globalized minority and an impoverished majority.’ The four lessons of Mexico in that article are:
- The centrality of urbanization to economic growth.
- Modern infrastructure is needed to connect disparate regions for them to keep pace with the core.
- The informal economy needs to be formalized.
- The system can’t flourish if the citizenry doesn’t trust the system.