About this Event
On Dec. 9, we will host a Roundtable Discussion with Mexico’s former Secretary of the Treasury Dr. Pedro Aspe Armella, to examine Mexico’s sovereign credit outlook and the fiscal vulnerabilities that could put its investment-grade status at risk.
When a country loses its investment-grade rating, it can have significant economic consequences, including lower bond prices, higher borrowing costs, and changes in how major investors manage their portfolios. The discussion will explore the structural drivers of sovereign credit deterioration, including chronic budget deficits, persistent economic stagnation and rising government debt. While no single factor determines a country’s credit rating, these challenges can heighten financial instability when they occur together.
Drawing on his extensive experience in Mexican economic policymaking, Dr. Aspe will offer insights into the likelihood and potential timing of a downgrade, how it could affect Mexico's economy and financial markets, and its long-term implications for the country’s financial stability. Attendees will have an opportunity to ask questions and exchange perspectives on Mexico’s fiscal and economic outlook.
Agenda
🕑: 05:30 PM - 06:00 PM
Reception
🕑: 06:00 PM - 07:30 PM
Presentation
Event venue & nearby stays
Rice University's Baker Institute for Public Policy, 6100 Main Street, Houston, United States