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One is a more dynamic export sector.
Its statistics office blamed a "less dynamic" export market.
Moody's pointed to Mexico's "dynamic export sector" and successful integration with the United States economy since the 1994 North American Free Trade Agreement.
Moody's based its decision on the perceived success of many Zedillo initiatives: a more manageable debt load, a flexible exchange rate policy and a dynamic export sector that is "well integrated into the North American economy," said Luis Ernesto Martinez-Alas, a vice president at Moody's.
China's dynamic export performance led to a fourfold increase in the country's share of U.S. imports to 13.2percentt in 2003.
Their growing domestic markets demand goods that meet their specific needs, and their dynamic export industries are moving beyond simple imitation.
Similar(51)
Dictatorship is not desirable, but at least East Asian dictatorships, such as South Korea and Taiwan, used their top-down authority to build dynamic export-led economies and to educate all their people — men and women.
"The presumptive cause of the world-wide decline in long-term [mortgage] rates was the tectonic shift in the early 1990s by much of the developing world from heavy emphasis on central planning to increasingly dynamic, export-led market competition.
Only activities associated with a dynamic exporting centre enjoyed some degree of prosperity, as occurred in Tucuman, where cloth was manufactured, and in Córdoba and the Litoral, where livestock was raised to supply the mines of Upper Peru.
These emerging opportunities have started to turn the sector into one of the most dynamic export-led activities after the liberalization process and the 1994 CFA franc devaluation effect.
And a dynamic new export industry was born: software sales went from nowhere to an estimated $8.3 billion last year.Liberalisation transformed consumers from supplicants into customers.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com