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Tyler Cowen

Could Mexico Be the Next Denmark?

The country is poised for a long period of unspectacular but steady economic growth.

An economy worth celebrating.

An economy worth celebrating.

Photographer: Alan Espinosa/Getty Images South America

I am bullish on Mexico.

There, I said it. I realize that many people view Mexico as dangerous and corrupt, but the more basic facts are the more important ones, especially for investors and economists: Mexico has one of the higher per capita incomes of the emerging economies, it draws upon many vibrant cultures, and it is located right next to the U.S.