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Mexico to Overtake Brazil by 2022: Nomura

Aug 9, 2012

Mexico’s economy may overtake Brazil as LatAm’s largest economy as early as 2022, Nomura says. Mexico outgrew Brazil last year and should again in 2012, and likely beyond. “If our forecast comes true, it will be a LatAm success story based on liberal economic...

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"[While] it’s good to build more infrastructure and increase investment, you have to be conscious about the macro effects of too big an increase in domestic demand, including of course public expenditure."

Julio Velarde, Peru central bank


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