Mexico to Take 2 Years to Recover from Economic Crisis, Better by 2010 According to KPMG

KPMG estimates that Mexico will recover by 2010 from the current global malaise. GDP growth for the country this year is estimated at 1%, and...

KPMG-logo KPMG estimates that Mexico will recover by 2010 from the current global malaise. GDP growth for the country this year is estimated at 1%, and 1.2% in 2009.

Not too bad in my view given the massive impact and scale of this current financial meltdown. I suspect foreign investment and tourism continue to help.

The study was based on a poll of companies across a variety of industries throughout all Mexican states (except Chiapas, Nayarit and Tabasco).

Source: International Business Times

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