23 December 2012

MEXICO / BRASIL: More Investors Abandoning Brasilia...For DF's Growth.


     Foreign investors' newest flavor of the month...is hot with spicy undertones.
     It's Mexico.
     Weakened global demand for commodities has reduced Brasil's growth....while Mexico has succeeded in reducing its cost of doing business.
      Brasilia has badly lagged in reducing red tape, corruption and upgrading infrastructure... while suffering wage inflation.
     Brasil's higher production costs have scared off investors.
     The proof is in the numbers.
     In Q3...Brasil reported only .9% growth...while Mexico recorded 3.5%....and a blistering 4.2% from Jan-Sept.