The Business Year: Mexico 2024

Book excerpt: To understand how the investment environment has evolved over recent months in Mexico, our team conducted a year-long, on-the-ground research operation that included interviews with over 150 business leaders and officials defining trends across every major sector of the economy. It is an election year in Mexico, meaning the often turbulent Obrador administration is drawing to a close. In contrast with the nervousness and uncertainty we witnessed ahead of his inauguration, our team notes a particular sense of ease around the upcoming elections as CEOs and investors are more familiarized with Morena, the party founded by the incumbent president. Overall, 2024 is expected to see an unusual general continuity of business during an election year thanks to the fact that both of the main presidential candidates are not expected to announce disruptive macroeconomic policies. Through this 220-page publication, featuring interviews with top business leaders from every major sector of the economy, as well as a range of articles and analysis, we present a comprehensive snapshot of the Mexican economy and the investment environment at this crucial period.