Re: [Pen-l] How global is the global recession?

[Alejandro Valle Baeza <valle@xxxxxxxxxxxxxxxx>]

Michael, thank you for the reference. However, there is no doubt about 
Mexico is en recession now. By example, exportation grew 5.1% in 2008 
with a the last quarter fall of 8% and also down 26% during January of 
2009. It seems that BW article is a sort of propaganda.
Alejandro Valle

Michael Perelman escribió:
> The most recent Business Week cover story is ecstatic about Mexico's 
> prospects as the next China.
>
> Alejandro Valle Baeza wrote:
> > "The effects of the international crisis will impact the region 
> > harshly this year, said *ECLAC* Executive Secretary *Alicia Bárcena* 
> > during the /Latin America Emerging Markets Forum 2009/ which opened 
> > today (April 1th) in Bogotá, Colombia.


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