Univision News Tumblr, 8/9/2012
As the U.S. economy sputters and Europe teeters on the brink of crisis, we are desperately looking for new sources of growth. One option is to enhance our focus on fast-growing China and India. But before we send more investment and jobs to Asia, we should take a closer look at some of the opportunities right in front of us. Without many of us noticing it, Mexico has been boosting the U.S. recovery.
The U.S. and Mexican economies are more intertwined than most realize. An enlightening report by Christopher Wilson, a researcher at the Woodrow Wilson Center in Washington, shows that increased trade and investment between the U.S. and Mexico since the implementation of NAFTA has created a virtuous cycle which benefits workers and companies on both sides of the border.