BBVA Research and the Mexican Association of Private Industrial Parks (AMPIP) conducted a survey to quantify and anticipate the effects of nearshoring in Mexico. Results assert the interest of companies to operate in Mexico and anticipate more firms to arrive within the next couple of years.
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Mexico would face challenges on several fronts in the face of a massive arrival of production from Asia through Nearshoring. The most relevant challenge would be faced by the National Energy System, which would experience a growing and accelerated demand for energy by electricity-intensive industries.
A few years ago, Reinhart and Rogoff, two renowned academics, wrote about how in every crisis economists, politicians and the rest of the world seek to convince us that this time the imbalances that end up leading to crisis are not really imbal…