The 2020 Mid-Year Economic Update_long

Global Report: Mexico Hit by Export Slowdown to U.S.

This is part of an MDM series of articles looking at growth opportunities globally.
The remaining optimism at the beginning of the global financial and credit crisis very often came from emerging markets. Though those markets' growth slowed, they still saw growth, contrary to the negative trends seen in the U.S. Growth forecasts for Brazil, for example, were revised downward, but remained positive, and India continued to see investment growth.
And another emerging market - Mexico - continued to steadily plod along even as its trading partners suffered from a barrage of bad news. The picture has since darkened for many of these countries.

Until a few months ago, it was believed that the emerging markets, and ...

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