Published on Saturday, December 5, 2020

Mexico | Take advantage of low interest rates and invest in infrastructure

For many years I thought that Mexico had lost a unique opportunity. In response to the global financial crisis, the central banks of developed countries implemented an unprecedented monetary expansion. Not only did they lower interest rates to zero, they also injected liquidity by buying bonds.

Key points

  • Key points:
  • The country's infrastructure is not only the furthest behind in the OECD, but it also compares poorly in Latin America
  • This year we saw the largest monetary expansion in history

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