GC Powerlist: Mexico

In a world experiencing both economic and political upheaval, North America remains a relative bastion of stability and prosperity globally, with Mexico playing an increasingly important role. Economic growth in particular has been steady, with the International Monetary Fund ranking Mexico as having the 11th highest GDP in the world based on purchasing power parity, and the fifth largest of the ‘emerging markets’ behind China, Brazil, Russia, and India. Trade agreements and a string of key reforms have contributed to the success of the economy, gradually dismantling the perception of Mexico as a third world nation plagued with powerful drug cartels and mass migration to the U.S.