Global Finance spoke with Gardere Partner Charles E. Meacham about Brazil and Mexico's foreign trade methods and their results.
According to Mr. Meacham, the Brazilian government began trying to boost domestic consumption as a response to the 2008 global financial crisis, but has not stopped creating incentives for credit expansion, increasing social investments and boosting public-sector expenditures since then. "However, the national industry did not experience an improvement of its capacity to react to that extra demand," he said.
