The first conditions were economic, including the passage of structural reform policies that favored economic growth. We've also had low interest rates and low inflation, which is a big change from the past.

We hope the new president can keep the strong markets going, and we're looking for even stronger growth in the future.

For many years, Mexico was not a desirable place for investors because it was very reactionary to political ups and downs. But now both domestic and foreign investors are more mature.

Investors were and have been a little nervous that will be a major political change in the elections in 2006.

We have got to stop the approval of anti-immigrant reforms, demand a migration reform that is humane and fair, and not racist.

The GDP growth differential probably widened to a full two percentage points last year, while final domestic demand expanded nearly four points faster on average than on the continent. While this gap might narrow somewhat in 2006, we think that the country will continue to outperform by a wide margin; our current GDP forecast for this year stands at 3.3% versus 2.1% for the euro area.