AmeriCompass in Mexico

AmeriCompass focuses primarily on Mexico—the world’s 10th largest economy, 12th largest exporter, and fourth largest oil producer. In 2002, foreign direct investment flow into Mexico exceeded US$13.6 billion. Since 2001, interest rates and inflation in the country have remained below double digits—their lowest levels in two decades—while in 2003, inflation is expected to dip to 3 percent. The Mexican peso has been Latin America’s most stable free-floating currency over the last five years. And despite the global economic slowdown and political uncertainty, Mexico remains one of the most stable economies in Latin America and continues to attract investment from around the world.