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Economic Growth in Mexico

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  • The economy in Mexico contains a mixture of modern and outmoded industry and agriculture, increasingly dominated by the private sector. Per capita income is one-fourth that of the US; income distribution remains highly unequal. Trade with the US and Canada has tripled since the implementation of NAFTA in 1994. Mexico has 12 free trade agreements with over 40 countries including Guatemala, Honduras, El Salvador, the European Free Trade Area and Japan.
  • Below you will find articles and information on the economic growth in Mexico. Click on the title to read more about the subject.
  • Another way to profit from a Chinese slowdown

    Buy MexicoInvestment banks like to group 'hot' countries together. Not only is it a great way to grab investors’ attention, sometimes it even makes money. In 2001, Goldman Sachs came up with the BRICs – Brazil, Russia, India and China. Those four markets did very well during the 2000s. However, as we’ve pointed out already, these four seem to have hit the buffers. So now Goldman has come up with another shiny package of ‘must-have’ nations. The catchy acronym this time? MIST – Mexico, Indonesia, South Korea, and Turkey. As with the BRICs, there’s no real reason to group these countries together beyond branding. Each has its own merits and individual problems.

    Calling All Entrepreneurs for Guadalajara Startup Contest

    Hella LightingAspiring entrepreneurs will enjoy the opportunity to transform their ideas into functional start-ups when the third Guadalajara Startup Weekend takes place Nov. 9-11. “Powered” by the Kauffman Foundation, a non-profit organization from Kansas that supports entrepreneurship and education, this hands-on experience gives entrepreneurs an opportunity to test the viability of their business ideas and to show off Mexico’s high technology talent.

    During the 54-hour Startup Weekends, developers, designers, marketers and product managers come together to share ideas, form teams, build products and launch their own businesses. They will receive the opportunity to learn new skills, test and implement ideas, meet potential business partners and get advice from experts.

    Economic Growth in Mexico

    Middle Class is the SecretThe global economy hasn’t found much traction in 2012. Europe’s debt crisis remains unresolved. China’s rapid economic rise is plateauing, and, depending on who you ask, it may even be petering out. US growth is expected to be a middling two percent this year. Yet Mexico is growing at a much faster pace than it has over the past decade. Currently, much of that growth owes to robust exports. Car and car parts are being sent to the United States at record levels, the aeronautics sector is burgeoning, oil prices are relatively high, and Latin America is a fast growing market for Mexican goods.

    Economic Growth of Mexico

    Economic Growth of MexicoThere's no question we are in the midst of historic change in the world. The international policy agenda has never been more diverse and there's a lot of uncertainty, punctuated by anxiety, about the direction of change.  In the U.S., we're in the bubble of a presidential election year, which means that domestic concerns dominate. That doesn't mean that international issues have disappeared from the national dialogue; they simply are not at the forefront of discussions. When foreign concerns do break through, they typically do not do so on the basis of positive news. That's especially true now as the established order is being redrawn by changes in the Middle East, Europe and Asia.

    Good Economic News Holds Outsourcing Lessons
    Good Economic News about MexicoThe recent meeting of the prestigious Group of 20 world leaders in the Mexican resort of Los Cabos gave the New York Times an excuse to point out what we’ve been saying for some time: Mexico is giving rivals such as Brazil a run for their money despite the press attention lavished on Brazil’s recent growth.
    How Mexico Got Back in the Game

    Mexico Back in the GameIn India, people ask you about China, and, in China, people ask you about India: Which country will become the more dominant economic power in the 21st century? I now have the answer: Mexico. Impossible, you say? Well, yes, Mexico with only about 110 million people could never rival China or India in total economic clout. But here’s what I’ve learned from this visit to Mexico’s industrial/innovation center in Monterrey. Everything you’ve read about Mexico is true: drug cartels, crime syndicates, government corruption and weak rule of law hobble the nation. But that’s half the story. The reality is that Mexico today is more like a crazy blend of the movies “No Country for Old Men” and “The Social Network.”

    Kick Starting Guadalajaras High Tech Sector
    Kick starting hitech in GuadalajaraWith the aim of increasing investment in Guadalajara’s burgeoning high-tech industry, venture capitalists in Mexico have established a new seed fund called KickStart del Occidente. The fund is administered by early-stage venture capital fund Alta Ventures Mexico and promoted by angel investor group mexVC. Based on existing KickStart seed funds in Utah and Monterrey, the idea is to raise money for investments in Western Mexico’s most promising start-ups. The initial aim was to raise $10 million USD in the first half of 2012. mexVC’s financial consultant Alem Muminovic declined to say how much money has been raised so far, but said that administrators are currently holding one-on-one meetings with local investors from Guadalajara.
    King working for telecoms king

    Carlos Slim and Larry KingTwo years after his departure from CNN, Larry King returned with a new online talk show last week in partnership with Carlos Slim, the world’s richest man. American’s former number one talk show host Larry King now works for Carlos Slim.

    Lake Chapala to benefit as work starts on new dam
    Governor Aristoteles Sandoval and National Water Commission DirectorJalisco Governor Aristoteles Sandoval and National Water Commission (CNA) Director David Korenfeld signed an agreement Thursday to construct the Purgatorio Dam on the Verde River, a project that could eventually satisfy almost two-thirds of thirsty metro-area Guadalajara’s potable water needs.
    Latin America Outshines India

    Mexico Outshines India

    Latin America, and Mexico in particular, can be a better choice than India for outsourcing services ranging from agile software development to gaming and multimedia, according to a new report by Nearshore Americas’ Senior Research Analyst Luke Bujarski.While India still has an edge in working with legacy technology environments and in the size of its labor pool, Latin America’s time-zone alignment, along with its geographic and cultural closeness to North America, can be a superior fit for tasks requiring real-time collaboration and project management, it said.

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