Mexico to Overtake Brazil by 2022: Nomura

Mexico to Overtake Brazil by 2022: Nomura

Brazil Mexico Economy & Policy Corporate & Sovereign Strategy

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 policies and manufacturing productivity, surpassing a commodity-exporting, more statist approach to the economy represented today by Brazil,” Nomura says. This changing scenario is supported by three main trends in the next decade. Brazil s

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