EFTA Document EFTA01451216

9 January 2014 FX Blueprint: Thin end of the wedge enjoyed by its neighbors over the past decade, a result of onerous regulation and weak productivity growth. We anticipate that this FDI gap will begin to close as 2013's reforms bear fruit. Second, growth is set to be sharply stronger. Our economist has noted that the main reason behind the disappointing performance of Mexican manufacturing relative to the US this year was the lack of growth in high-value sectors to which the Mexican e