Keeping the economic picture bright is the job of Mexico’s finance minister Francisco Gil Díaz, a University of Chicago-trained economist who is one of the most respected members of President Vicente Fox’s cabinet.
Mr Gil Díaz is pleased with Mexico’s improving economic outlook. But he knows it could be better. GDP is forecast to grow from 1.3% in 2003 to about 3% this year. It is an improvement, but hardly robust. The turnaround is also almost entirely the result of better US industrial production, Mexico’s largest trading partner.
