Mexico looks for more global trade

摘要

After several years of economic stagnation, Mexico appears to be turning a corner. The manufacturing industry, led by the maquiladora (in-bond assembly for export) sector, is hiring again. Exports earnings, including those generated by the crucial oil sector, are also up - no small thing, considering exports make up about 25% of Mexico's economic activity. Interest rates are also trending down and inflation is under control. Keeping the economic picture bright is the job of Mexico's finance minister Francisco Gil Diaz, a University of Chicago-trained economist who is one of the most respected members of President Vicente Fox's cabinet.