Some of the countries in E Europe are building nice economic models from scratch without old baggage. Mexico could buy and manage it's way out of economic growth dislocation if it had a relentless political leader with power. He wouldn't have to be very bright. All he'd have to do is sign up some Wall St bankers and
pr crisis managers. NYC has world talent crisis boutiques that are in that league. Mexico's oil reserves are est in the untold billions
afaik.
fwiw.. ny state baggage is so old we are experiencing a population decline. Common knowledge is make your money then get out asap before the state grabs it.