This emerging market is set to emerge for good, says David C Stevenson.
Mexico may be an emerging market now, but I’d put my money on the North American state being the next one to emulate South Korea and move up to something approaching the developed world.
The new government is aggressively reforming the local economy, there are lots of world-class businesses listed on the local stock market and Mexico stands to benefit from the American economy’s recovery.
My positive assessment of Mexico is shared by a long list of major institutional investors, including emerging-market experts HSBC.
They recently [...]
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