Mexico’s President Enrique Peña Nieto and his economic team must be chuffed. Barclays is the latest to sing the praises for the country’s resurgent economy.

The bank’s most recent analysis believes that the prospect for political reform – seen as a key by many commentators – as well as the improvement of competitiveness in manufacturing will maintain a healthy degree of dynamism this year.

Fiscal adjustments that have to be made in the United States will be negative for Mexico but, with that proviso, the Mexican economy can survive most of the obstacles, the British bank adds.

via Mexico: the engine that just keeps on chugging | beyondbrics.