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Center for the U.S. and Mexico

Mexico & Oil Prices

Tony Payan

Mexico & Oil Prices.

By Tony Payan and Miguel Guevara

The 2014-2015 slump in oil prices punished, once again, economies that rely on commodities exports. While Mexico may indeed emerge in better shape than most, especially now that oil prices appear to be rebounding, tinkering with the solid macroeconomic foundations established by the country’s last three administrations could lead to trouble.

Read “ Low oil prices mean trouble for Mexican government’s finances,” posted April 1, 2016, on the Baker Institute Blog.