Heading for a sharp slowdown

Mexico ended 2000 on a high note. It was not only the fastest-growing economy in Latin America but posted its best economic performance in 20 years. Now, as it moves into 2001, analysts are divided on how it will fare. What is clear, however, is that regardless of the outcome, something must be done to improve the stock market’s lacklustre showing.

After growing an estimated 7% in 2000, Mexico’s economy is expected to register the sharpest slowdown in the region this year.