While many Latin American countries are facing tough political and economic heartaches, Mexico seems to be moving in the opposite direction with a hopeful future, although much of the outcome is dependent upon the new Vicente Fox administration.

As Fox took his seat in office on Friday, Mexico entered into a time of democratic transition, according to analysts. Although the Fox administration will face great challenges in the months ahead, Standard & Poor's Ratings Services has reaffirmed its BB+ sovereign rating on Mexico with a positive outlook.

Subscribe Now

Access to a full range of industry content, analysis and expert commentary.

30-Day Free Trial

No credit card required. Access coverage of the securitization marketplace, including breaking news updated throughout the day.