MEXICO ACCOUNTANTS PROSPER FROM GROWING ECONOMY AND IFRS, BUT MUST HEED SECURITY DANGERS
April 1st, 2012
BY EDWARD WILSON, IN CANCUN
MEXICO is in many ways at a crossroads. With its proximity to the US, an increasingly broad range of industrial and services sectors, a relatively cheap labour force, and numerous preferential trade deals, particularly the North American Free-Trade Agreement (NAFTA), it is brimming with economic potential.
GDP grew by 4% last year, with a rise of 3.5% forecast by the Government for 2012. Yet the country's rich promise is increasingly threatened by escalating crime rates, which together with endemic corruption and a sclerotic legal ...
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