NAMI News
The latest trinational news.Tuesday, July 15, 2008
MEXICO: High oil prices boost manufacturing.
IHT, July 15, 2008 - “Mexico’s growth may already be suffering because of the economic slowdown in the United States but its pull as an industrial centre could be set to increase substantially. Rising freight fees caused by high oil prices could see Mexico become increasingly attractive as a production base for US companies. However, for this to happen the government needs to integrate the economy more with that of its northern neighbour, and Mexican costs (such as wages) need not to increase substantially.” Read more.
Posted by SiteAdmin |
Permalink
NAMI publishes a monthly e-newsletter of trinational and organizational news. If you would like to keep up with NAMI, trinational issues and NAMI's exclusive events, click here to sign up today.
