Could Mexico grow bigger than Brazil in the next few decades?

What if Mexico were to become a bigger economy than Brazil?

In recent years Brazil has outplayed Mexico, growing at 6% or more as Mexico bumped along in the slow lane. But lately that has changed. Last year Mexico grew by 4% and Brazil by 2.7%. This year Mexico is expected to get close to 4% again, whereas some economists reckon that Brazil’s rate could dip below 2%. A recent report by Nomura predicted that Mexico’s economy, currently half the size of Brazil’s, could end up the bigger of the two within the next decade. – The Economist

To get into some detail, in 2011 Mexico had a GDP of $1.15 trillion and Brazil with $2.48 trillion. It seems like a tall order for Mexico to more than double its economy.

 

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But, if you look at certain sectors, like automobiles, Brazil is starting to face some growth problems. Originally, the country grew by exploiting is size, natural resources, and population. In order to keep up growth they will need to expand internationally with products and services.

Last year, Brazilians created 3.4 million cars and exported only 540,000. That is worth $372 million.  Mexico, on the other hand, created 2.6 million cars and exported 2.1 million of them. That is worth $2 billion and reflects a growth of 40%. (The Economist)

Mexico may be more ideally situated for growth in the next few decades than Brazil is.

One thought on “Could Mexico grow bigger than Brazil in the next few decades?

  1. ” By my reckoning, every inch of the coast is owned by humans, so why not give them this small section?”

    Are you kidding? This is less than 200 feet of the coast devoted and dedicated (and preserved under State Law) to the children of California. Man made to boot! That’s 200 feet of the 1100 mile California coastline most of which is still undeveloped. Only a small part of the coast is suitable for humans but much more is still available to seals for their use. They remain at Children’s Pool by choice not of necessity. Does it look like any of those seals in the photos are terrified of the photographer.

    “She then willed it to the children of future (hence the name Children’s Pool).”

    No, Ellen Scripps never owned the tidelands the seawall and pool were built on. The use of the land and tideland was put into a State Tidelands Trust with the City to protect her gift to the City of San Diego. All went well until Sea World released rehab/captive harbor seals into the waters just offshore of Children’s Pool in the early 1990′s and formed the foundation of this seal colony. They didn’t come ashore at Children’s Pool much until the captive animals were introduced. Now the people are just part of the scenery to the seals at the Children’s Pool. No big deal to them.

    Any by the way, the beach is OPEN and must remain so by state law. The sharing arrangement works fine and is the solution to managing the pool.

    I completely disagree with your view of this situation. I believe it is because you have not fully investigated the facts about this situation. There appears to be much for you to learn about this.

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