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Latin American Economy & Business - May 2014 (ISSN 1741-7430)

MEXICO: Which way is the economy pointing?

In the first half of 2014, it is becoming evident that the Mexican economy is in a transition phase. While the government is adamant that it is gathering strength and, indeed, that a full-bodied recovery is just around the corner, some analysts, including the national statistics institute (Inegi), suggest that the country may actually be in technical recession. Surely they can’t both be right?

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