A sound and robust financial system is essential for mobilising capital that is necessary for sustainable economic growth. The major objectives of macroeconomic policy in a country are the level of employment, price stability, GDP-growth as a measure of economic growth and equilibrium on the balance of payments, especially in open economies such as those in the SADC region.
Mexico’s economic outlook After a year and a half of deceleration, during 2014 Mexico’s economy has been gaining steam. Higher momentum has been supported by stronger manufacturing output which, in turn, has been linked to increasing external demand, notably from the United States. Auto exports to this country, in particular, have posted a significant rise since February.