Mexico Finally Stepping Out of Brazil's Shadow

Financial Times April 13, 2012

I once asked Carlos Slim why Mexicans were so down about their country and Brazilians so euphoric about theirs. The worldâ??s richest man, whose biggest investments span both countries, replied: â??Itâ??s simple. They are Brazilians. We are Mexicans.â?

It was a perceptive comment. Many Mexicans feel depressed about their country, and the world has shared their gloom. Meanwhile, the confidence of Brazilâ??s boom â?? on show during President Dilma Rousseffâ??s visit to Washington this week â?? has gripped the popular imagination.

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Mexico Finally Stepping Out of Brazil's Shadow

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