Some of the entries in the blog depart from the topic of energy to discuss other issues brewing in the business news world.

Today I think it is worth taking a look at a recent story about the rise of the Mexican economy and the attraction it has to American investors.

Much of the American discussion concerning Mexico centers around discussions of immigration and the drug war.

That is a shame, says Wall Street Journal reporter Jack Hough in a recent video interview.  It is a relative boomtime for Mexico, fueled largely by growth in Mexico’s manufacturing sector.  The country has enjoyed 4% GDP growth this year.

“When was the last time you saw growth in the US like that? ” Hough said. “Not even Brazil is growing that fast.”

Rapid growth in China, India, Russia, Brazil (so-called BRIC countries) has also inflated wages dramatically, Mexico’s average wage seem more and more attractive to investors in the United States.

Couple that with an important cost businesses are having to factor in–the price of oil.

“The transport costs are much lower (to the United States), because you don’t have to go overseas”, Hough said.

Mexico’s debt is about half of that of the United States (the country also does not have the same sorts of insurance programs such at Medicare/Medicaid or Social Security, which make up a tremendous amount of U.S. government spending).

Hough’s advice to investors looking to invest in Mexico?  Buy Mexican Bonds.

Might also be worth looking into American or Mexican transport companies that travel back and forth across the border.