 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
