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Published on Friday, November 19, 2021

The United States is going to strengthen its infrastructure; Mexico should follow suit

Summary

Last Tuesday, Joe Biden, president of the United States, signed a plan that will allocate 1.2 trillion dollars to the infrastructure of his country.

Key points

  • Key points:
  • This will be positive for the US economy because, assuming correct implementation, it will contribute to increasing the rate of economic growth going forward.
  • It is a program that will build new ports, highways, dams, airports, public transport and bridges.
  • In addition, the existing infrastructure will be improved, highlighting the railway in which investment has been minimal for decades and which lags far behind the European and Japanese.
  • All this will allow a more efficient transit of people and goods, which will increase the efficiency and competitiveness of the economy.

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Topics

Documents and files

Press article (PDF)

ArtPrensa_CarlosSerrano_19Noviembre21.pdf

Spanish - November 19, 2021

Authors

CS
Carlos Serrano BBVA Research - Chief Economist
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