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  • 标题:A new economic environment
  • 本地全文:下载
  • 作者:Reinhard Fleger ; Member of the Executive Board, Finance,Sales ; Volkswagen de Mexico
  • 期刊名称:Finanzplatz
  • 出版年度:2008
  • 卷号:1
  • 页码:29-29
  • 出版社:Deutsches Aktieninstitut (DAI)
  • 摘要:Since the dawn of the 21st century, the Mexican financial market has been marked by a prolonged phase of economic stability with controlled inflation, continuing economic growth, a balanced state budget and the sustained and positive development of the stock market. Yet this is a financial market also characterised by an extremely uneven income distribution, high interest rates reflecting earlier inflation risks which have since been dealt with, and a lack of trust on the part of private investors. Negative experiences of the market because of repeated failures of the financial system up until the mid-90s have resulted in the current absence of an ¡°investment¡± or ¡°saving¡± mentality. Household income is immediately spent; large swathes of the population finance their spending using credit cards with interest rates of between 25 and 40% p.a.
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