Agustín Carstens: Emerging market economies – challenges and how to move forward Speech by Mr Agustín Carstens, Governor of the Bank of Mexico, at the Economic Club of New York, New York City, 28 March 2014.
However, this positive economic cycle has halted temporarily since last spring due to COVID-19, a new shock that is putting strong downward pressure on economic activity. I will now talk about the corporate and household sectors, first by looking at the current situation of income and spending and then the outlook for each sector. B.