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Oil workers lower the drill on the Centenario deep-water drilling platform off the coast of Veracruz, Mexico.

AP Photo/Dario Lopez-Mills

Analysis & Opinions - Project Syndicate

Mexico's Powerful Energy Reforms

| October 28, 2014

MEXICO CITY – Mexico is poised to become Latin America’s economic star in the coming decade. The government’s recent reform of the energy sector will contribute directly to economic performance by reducing the cost of manufacturing. In the context of the North American Free Trade Agreement (NAFTA), the resulting increase in manufacturing competitiveness promises to boost Mexico’s growth substantially.