Gallagher in The Atlantic on Mexico’s U.S. Dependence
Kevin Gallagher, Professor of Global Development Policy at the Frederick S. Pardee of Global Studies at Boston University, was recently interviewed on the realization by Mexican leaders in the early days of the Trump administration that the country has depended too much on the American market.
Gallagher was quoted for an article in the May 2017 issue of The Atlantic entitled “Mexico’s Revenge.”
From the text of the article:
The painful early days of the Trump administration have reminded Mexico of a core economic weakness: The country depends far too heavily on the American market. “Mexico is realizing that it has been overexposed to the U.S., and it’s now trying to hedge its bets,” says Kevin Gallagher, an economist at Boston University who specializes in Latin America. “Any country where 80 percent of exports go to the U.S., it’s a danger.” Even with a friendly American president, Mexico would be looking to loosen its economic tether to its neighbor. The presence of Trump, with his brusque talk of tariffs and promises of economic nationalism, makes that an urgent task.
Kevin P. Gallagher is a professor of global development policy at Boston University, where he co-directs the Global Economic Governance Initiative (GEGI). GEGI’s mission is to advance policy relevant research on governance for financial stability, human development, and the environment on a global scale. You can follow him on Twitter @KevinPGallagher.