Mexico | ¿The Mexican tiger?

Summary

The biggest economic success story of the last century is that of the so-called Asian tigers: Taiwan, South Korea, Singapore and Hong Kong. These countries managed to become advanced economies in a short period of time.

Key points

• Key points:
• In 1960 they had per capita GDP levels similar to those of sub-Saharan African countries and lower than Mexico's; today they are among the 30 economies that produce the greatest per capita wealth in the world and have income levles significantly higher than Mexico.
• Today Mexico has an opportunity that could be as good as the one that the 4 tigers had in the 60s. But for this to happen, the lessons of what happened with these 4 countries must be learned.

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