Mexican economy on the brink of a new era

Thanks to reforms, the Mexican economy could be at the start of a new era of high growth.

During bouts of risk aversion, emerging-market bonds aren't usually at the top of investors' buy lists. Yet Mexico's 100-year bond the longest maturity on sovereign debt in the world jumped by almost 6% in the first half of October.

Its virtual safe-haven status shows that the Mexican economy has made rapid progress in recent years. Mexico, says BlackRock's Gerardo Rodriguez, is "at the top of a very small list of countries that have shown willingness to reform".

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Andrew Van Sickle
Editor, MoneyWeek

Andrew is the editor of MoneyWeek magazine. He grew up in Vienna and studied at the University of St Andrews, where he gained a first-class MA in geography & international relations.

After graduating he began to contribute to the foreign page of The Week and soon afterwards joined MoneyWeek at its inception in October 2000. He helped Merryn Somerset Webb establish it as Britain’s best-selling financial magazine, contributing to every section of the publication and specialising in macroeconomics and stockmarkets, before going part-time.

His freelance projects have included a 2009 relaunch of The Pharma Letter, where he covered corporate news and political developments in the German pharmaceuticals market for two years, and a multiyear stint as deputy editor of the Barclays account at Redwood, a marketing agency.

Andrew has been editing MoneyWeek since 2018, and continues to specialise in investment and news in German-speaking countries owing to his fluent command of the language.