Thursday , September 29 2022

Analysis of the tibix of Mexico and Al


Last Friday, the traditional annual meeting of the stock exchanges and the Spanish markets (BME) ended in Madrid, bringing together the Latin American stock market (Latibex), which wants to be present in the Iberian market, and of course in the European Union (EU)

Latibex is actually a window of opportunity that is also offering capitalization and euro capitalization for corporations of Latin America.

And although it is easy to say that 20 years have passed since its implementation, each edition continues to join efforts to establish this business platform, despite the difficult eight-year crisis in Spain and other countries of the so-called industrialized countries. More developed.

The region suffered the subprime effect (due to its low exposure) and in addition to the growth throughout the period, it was established as a basic axis for economies such as Spain considering its presence in Latin American investments.

The current international panorama is no less vague, but with positive growth rates (with some exceptions such as Argentina and Venezuela, as well as a slowdown in growth in Germany) there are a number of challenges on the horizon and is much more geopolitical than geopolitical. Two important variables.

He met representatives of several Mexican companies: Cemex, Banorte, Grupo Salinas, Grupo Financiero Inbursa, Grupo Hotelero Santa Fe, BBVA Bancomer and Bolsa Mexicana de Valores.

According to Antonio Zoido, President of the Spanish Stock Exchange, the balance of these two decades in Latin America is positive: "GDP has doubled to more than 6 billion dollars trillion


Equally relevant is that foreign direct investment in the region is multiplied by three; Of the total, 41% comes from Europe and one third from Spain.

"Spain is the first and second European investor in the world in Latin America, but it has also started to be a preferred target among Ibero-American investors," Zaido said.

If we talk about trade, the balance is equally positive for what Fuentes described at the time as "the most transparent region, and there are more and more" companies that are local companies that have expanded their activities to several countries in the region to achieve a multinational presence.

But if something patent in the Euro-American eruption in Spain is that over the past two decades, the middle class in Latin America has begun an interesting period of expansion and still has it today.

The middle class has increased: at least 80 million people have left poverty, although 25% of the population is still trapped.

The more access to education is given to children, adolescents and young people, the greater the chance of breaking the periodic root of hunger and misery.


There are persistent challenges in Latin America that the president of the Spanish Spanish sports market agrees with: 1) The improvement in growth is lower than expected and lower than the average of the last decade of the 20th century. 2) exports fluctuate in relative terms, in contrast to the Asian region; And (3) regional integration is insufficient and the enormous challenges remain in infrastructure, logistics, education, or health to reduce social inequality.

How to finish the area in 2018? The expectation is of a moderate GDP of between 1% and 2% and some transitions with haze on the horizon: the political change in Mexico and Brazil and the economic disaster in Argentina and Venezuela. For Mexico, Forum participants concluded that there is "optimism and caution.


* Director Conexin Hispanoamérica, economist and expert in the economic press and writes of international issues

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