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Latinobarómetro 2011: Middle Class Angst

Latinobarómetro 2011: Middle Class Angst

The Latinobarómetro poll is out. The 2011 survey included 20,204 face-to-face interviews in 18 Latin American countries. Conducted annually since 1995, the poll is widely seen as the most comprehensive study of public opinion across the region. For most of the past decade it has been a delight to read. Support for democracy and market […]

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Argentina Is Not a Model for Greece

Argentina Is Not a Model for Greece

In today’s World Politics Review I argue that Argentina’s recovery from meltdown in 2001 is not a model that Greece can emulate. Primarily, this is because Argentina devalued its currency by 70 percent, then saw its fortunes rise with a global commodity boom. By contrast, most scenarios for a Greek default include the country staying […]

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A New Manufacturing Investment Calculus

A New Manufacturing Investment Calculus

In my last post I discussed why multinational investment has started to split between China and other destinations, including Mexico, in recent years. But wages are a shrinking fraction of overall production cost—across many manufacturing sectors wages are a tenth to a quarter of overall production costs. Why? Automation makes wages less of an issue, […]

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As China Inc. Sputters, Mexico Gains

As China Inc. Sputters, Mexico Gains

China has been the world’s factory floor for over a decade, but its manufacturing dominance is abating. Sure, a significant amount of investment will continue to enter the Middle Kingdom, if for no other reason than to target its burgeoning middle class, but factory investment that used to automatically go to China is diversifying. Much […]

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Mexican Trucks: Invited into a Friend’s House

Mexican Trucks: Invited into a Friend’s House

Last Friday the first long-haul Mexican truck entered the United States, fulfilling its express design. Mexican trucks should have been allowed onto U.S. interstates by 2000, but lobbying by the Teamsters union kept Mexican trucks within an earshot of the border. U.S. dithering has been clearly unfair (Canadian trucks have traversed America’s highways without conditions), […]

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Quietly, Mexico Frustrates Iranian Schemes

Quietly, Mexico Frustrates Iranian Schemes

How is it that Mexico got caught up in an Iranian plot to assassinate the Saudi ambassador to the United States? Manssor Arbabsiar had his flight itinerary diverted from Mexico City to New York, where U.S. law enforcement arrested him for plotting the murder of Adel Al-Jubeir in Washington, DC. Apparently Arbabsiar, an Iranian who […]

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Wanted: Mexican Workers. Location: North Carolina

Wanted: Mexican Workers. Location: North Carolina

From July 2010 to June 2011 the Employment Security Commission of North Carolina advertised 9,050 jobs openings. Only 752 Americans expressed interest, even though North Carolina’s unemployment rate is above 10 percent. Short-handed, farmers across the state have resorted to the H-2A visa program, which allows foreigners to work in the United States temporarily. So […]

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Mexico Today Social Magazine

Mexico Today Social Magazine

Mexico Today, an outfit I’m proud to write for, just launched a great new interactive magazine for anyone looking to share experiences about Mexico. Right now the Mexico Today Social Magazine on Facebook is dominated by content from leading Mexico bloggers, covering such diverse topics as tortillas, infrastructure projects, and architecture. So if you’d like […]

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Georgia Tech Opens in Mexico

Georgia Tech Opens in Mexico

The premiere public university in the state of Georgia is setting up shop in Mexico. In cooperation with Technologico de Mexico, Georgia Tech will run a Supply Chain & Logistics Innovation Center in Mexico City aimed at education, research, and industry growth. The center is expected to become a fountain for research on supply chains […]

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“Neutral” Monetary Policy in an Era of Uncertainty

“Neutral” Monetary Policy in an Era of Uncertainty

On Saturday Agustin Carstens announced a hands-off approach to the Mexican peso: “A neutral monetary policy is the right stance right now.” In normal times such a statement by a central banker rarely qualifies as news, even to the financial news wires. When conducted by an independent central bank monetary policy is a slow, bland […]

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A Struttin’ And A Streamin’

A Struttin’ And A Streamin’

Two months ago Netflix announced plans to expand its online streaming service to nearly all of Latin America, possibly tripling the company’s customer base. By 2013 it projects the $7.99 a month service will be a profitable enterprise, largely due to demand in Mexico and Brazil. And for 100 pesos, also about eight dollars, Fluffy […]

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While Brazil Waffles on FTA Mexican Exports Surge

While Brazil Waffles on FTA Mexican Exports Surge

In November 2010 the presidents of Latin America’s two largest economies pledged to hash out a free trade agreement. Per logic, Mexico has a consumer class of 100-plus million, Brazil twice that: each country stands to benefit. Yet free trade by numbers went out of vogue in the 1990s. Still, each country had implicit motives. […]

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Dil(em)ma

Dil(em)ma

Sandwiched between pages 78 and 79 of the current volume of Foreign Affairs is a sponsored essay on Brazilian President Dilma Rousseff. At the bottom of the article are pics of two business leaders and one high-profile minister, Wagner Rossi. Mr. Rossi was Brazil’s minister of agriculture, at least until last month. He became the […]

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Beating the Cartels: Mexico’s Boomerang Operations

Beating the Cartels: Mexico’s Boomerang Operations

Mexican commandos are organizing raids against drug cartels from U.S. territory, according to Obama administration officials. These so-called boomerang operations allow the Mexicans to plan operations with the DEA, and may allow the Mexicans access to advanced U.S. equipment. Crucially, the operations also skirt venal state and local police in northern Mexico—thought to be lookouts […]

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Mexico, the un-Brazil

Mexico, the un-Brazil

Author’s Note: Ruchir Sharma, head of emerging markets at Morgan Stanley, recently penned a piece in TIME asserting that Brazil is “the un-China.” That comparison inspired this post. Mexico Today, a public-private enterprise of which I am a paid contributor, provided some data. Mexico’s technocrats have been seething at comparisons with Brazil for years. Who […]

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About the Author

Sean Goforth
Sean Goforth

Sean H. Goforth is a graduate of the University of North Carolina-Chapel Hill and the School of Foreign Service at Georgetown University. His research focuses on Latin American political economy and international trade. Sean is the author of Axis of Unity: Venezuela, Iran & the Threat to America.

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