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Mexico's economy breaks under Sheinbaum

Source: economist.com

Mexico's economy is stagnating under President Claudia Sheinbaum, with growth forecasts cut sharply due to policy failures.
Key problems include low investment at just 19% of GDP, unchecked violence, and nearshoring that has underperformed expectations.
This broken economy risks turning Mexico into a laggard like Argentina unless major reforms happen.

Mexico's economy, once a bright spot in Latin America, has stalled under President Claudia Sheinbaum's leadership. The article argues that misguided policies, rampant violence, and failure to capitalise on nearshoring have led to dismal growth projections of just 1% for 2025. It matters because Mexico's woes threaten its role as a manufacturing hub for the US and could deepen inequality and instability in the region.