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The key issues to be watched out for the next year by the Mexican economists are all factors that inhibit the country’s economic growth, as well as its competitiveness in the foreign markets. For example, the country’s economic systems should watch all the constraints of employment, demand, multinational controls constraints as well as monitoring the emerging market economies. In addition, income distribution and consumption patterns of the Mexican economy should be closely be watched to determine the county’s economic position and trends in the upcoming years (Moreno-Brid & Jaime Ros, P. 68).
The Mexican economy would unfold with structural reforms that would see the country’s economy pave new ways for investments. However, with the current trends, the Mexican economic accounts is expected to cite a weaker global expansion and further risk reduced competitiveness in a more volatile international markets for Mexican accounts to cope with the emerging market economies (Moreno-Brid & Jaime Ros, P. 52).
The United States policy makers in relation to the Mexican unprecedented macroeconomic stability outcome would not want a deteriorating economic performance of the Mexican’ economic as it would directly affect its economy as the two country’s shares common economy patterns. Therefore, the United States policymakers would respond by steering up the Mexican’ economy accounts performance (Moreno-Brid & Jaime Ros, P. 84).
The most important information needed in planning for a better future economic development is worth understanding the key players’ political and economic information. Political information for the key players specifically the system of government, recent development, foreign ;policy and bilateral relations information are needed creating the key players competitiveness and future development
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The paper tells that in the present generation, the education sector has become global. Students round the world often heads to foreign universities for attaining their degrees. The competition among the colleges has also increased significantly. In order to gain an edge in the competition, the researcher’s college is aiming for an expansion in Mexico.
Location of Mexico Mexico is considered as the third biggest nation in North America. It shares its border with United States of America (USA) on its north, while Pacific Ocean on the West, Gulf of Mexico on the east and Guatemala and Belize on the southeast.
A recent travel and tour survey conducted by the WTTC also ranked Mexico as the second largest tourist destination in the Americas with 32.6 million estimated arrivals for the year 2011 with a total spending of $ 13.3 billion indicating a 3.4 % rise. Historic artifacts include the Meso-American ruins, beach resorts, and colonial cities.
The oil monopoly in the country's Pemex, is owned by the state meaning that all the revenues proceed directly into federal government. This way, about a third of the income of the government depends on the oil. Other than investing in the development of new fields, the Mexican government treats Pemex more of a cash cow as it tries to maximize the short-term profits.
Since the crisis that took place in 1994 majority of administrations have made efforts to improve the macroeconomic fundamentals of the country. The recent 2002 South American crisis did not have significant influence in Mexico and the country was able to maintain positive growth rate although they were low with a brief period of stagnation which took place in 2001.
Economic and political instability in Mexico has an impact for its neighbor too. Migration by Mexicans into the U.S. has taken place since the 19th century. Contrary to popular belief this migration is not always a negative prospect. Such migration has a greater positive for the economies of both the two countries.
Due to its location between the two American continents, it is being influenced by both the continents’ political, social, economic, cultural and many more aspects. Mexico has been under Spanish rule for close to three centuries,
Although the country successfully overcame the 2008 financial crisis, the emergence of monopolies and cartels are threatening to take Mexico back to the dark days. For instance, Mr Slim, a businessman, owns 70% of the
.The current Mexican population has plenty to grumble about, from the stagnant economy to growth of the poverty level in the country.
Development: Though Mexico is a middle-class country, the rampant corruption of its leaders hurts the economic growth of the country.
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