World News Insights
1-3 Minute Gist
Search, personalize, or simply browse. Follow the world around you from gist and context to insights.
Who we are | Our Credo | Ways of using Lyrarc | FAQ | Send Feedback | First Letter From the Editor
Sign up. It's free and easy to use
Create an account
to personalize your feed of articles and topics.
All Topics Article
Mexico’s economy: Making the desert bloom
Keywords:
An indepth look at Mexico, its assets, its huge potential and what is holding Mexico back. It ranks much higher than Brazil in many respects- higher investment as a fraction of its GDP, technical education, an easier place to do business, less regulation, better management talent, more industrialized. In 2010 Mexico had $400 billion of business with the U.S. With rising Chinese wages Mexico is an attractive place for foreign investment, with a hardworking and educated workforce. Mexico suffered badly during the 2008 recession in the U.S. It is trying to reduce its dependence on exports to the U.S in key areas such as the automotive industry. Exports to the U.S. by the automotive industry are now 65% of the total, and the auto industry association in Mexico is working to bring this figure to 50% by exporting to Latin America and Europe. Economic growth was 5.4% in 2010, and expected to be 4-5% in 2011. Drug violence may have reduced the growth by one percentage point according to some estimates. The think tank, Mexican Institute for Competitiveness, estimates that economic growth would be 2.5% percentage points higher if labor market and competition laws are changed, and the oil industry is opened up to foreign investment as happened in Brazil. A study by OECD and the Federal Competition Commission (CFC) of Mexico has shown that 31% of Mexican household spending goes to products operating in high price monopolistic or oligopolistic markets. The bottom ten percent spend even higher proportion of incomes, around 38%, for products supplied in such markets. This includes pharmaceuticals, airline travel, banking, and electricity. Taking on these cartels is a difficult task. The CFC is beginning to take the first steps in this direction, in what will be a long road to fair prices for Mexican consumers. Banking was opened to Wal-Mart. The collapse of Mexicana was an opportunity to auction landing slots to other airlines. An auction system has been developed by CFC for drugs. A new competition law sets penalties for collusion in pricing, with upto 10 years in jail. And Carlos Slim's telephone monopoly was fined $1 billion for its telecom monopoly practices. In 2009 the Calderon government shut down Luz y Fuerza, a state electricity company costing the governmment $3 billion in subsidies for an highly inefficient operation.
New anti-monopoly laws introduced by Mexico's president Nieto in March 2013 to bring competition to the telecom sector
05/27/2010
Grouped Articles
Mexico’s economy: Making the desert bloom
Economist 08/27/2011
Mexico’s economy: The cartel problem
Economist 08/27/2011
How Mexico Ended Political Gridlock
Wall Street Journal 08/15/2013
Mexico's Big Cellular Problem: Carlos Slim
BusinessWeek 05/27/2010
New Rules to Reshape Telecom in Mexico
New York Times 03/07/2014
Carlos Slim to Break Up Mexico's Leading Telecommunications Firm
Wall Street Journal 07/10/2014
Mexico's setup of the Federal Telecommunications Institute as the new telecom regulator in Mexico
05/27/2010
The FTI replaces the old regulator in an effort to introduce competition in the telecom sector in Mexico. The new anti-monopoly laws were introduced by president Nieto in March 2013. For decades Mexico has suffered from higher telecom rates because of a lack of competition.
Grouped Articles
Mexico’s economy: Making the desert bloom
Economist 08/27/2011
Mexico’s economy: The cartel problem
Economist 08/27/2011
How Mexico Ended Political Gridlock
Wall Street Journal 08/15/2013
Mexico's Big Cellular Problem: Carlos Slim
BusinessWeek 05/27/2010
New Rules to Reshape Telecom in Mexico
New York Times 03/07/2014
Carlos Slim to Break Up Mexico's Leading Telecommunications Firm
Wall Street Journal 07/10/2014
Mexico's economy 2010-2017
08/27/2011
Grouped Articles
Mexico’s economy: Making the desert bloom
Economist 08/27/2011
Mexico’s economy: The cartel problem
Economist 08/27/2011
Latin American geoeconomics: A continental divide
Economist 05/27/2013
Wall Street Journal 05/28/2013
Latin America Boom Starts to Fade
Wall Street Journal 05/30/2013
Mexico, China Seek to Jump-Start Trade
Wall Street Journal 06/04/2013
Mexico competes for manufacturing jobs going to China
08/27/2011
Grouped Articles
Mexico and China look to trade away old rivalry - The Washington Post
Washington Post 04/18/2013
China Manufacturers Survive by Moving to Asian Neighbors
Wall Street Journal 05/02/2013
China Factories Try Karaoke, Speed Dating to Keep Workers
Wall Street Journal 05/03/2013
Mexico’s economy: Making the desert bloom
Economist 08/27/2011
Mexico, China Seek to Jump-Start Trade
Wall Street Journal 06/04/2013
Strains Show in China's Job Market
Wall Street Journal 06/11/2013
Calderon and the war against drug trafficking gangs in Mexico
01/16/2009
Grouped Articles
Pocketbook Issues Weigh on Mexico Voters
New York Times 06/30/2012
Drug War Apparently Has Mexican Presidentâs Attention
New York Times 08/18/2013
Mexico Takes Over Crime-Besieged Port City
Wall Street Journal 11/05/2013
Despite Killing, Mexican Backs Drug Policy
New York Times 06/14/2010
Elite Flee Drug War in Mexico's No. 3 City
Wall Street Journal 09/10/2010
Executive Slaying Sparks New Fears
Wall Street Journal 01/20/2014
Engineering and technical education in Mexico
05/22/2006
One of the advantages of Mexico is the large enrollment in engineering and technical colleges estimated at 451,000 in 2006.
Grouped Articles
Mexico Girds for Education Standoff After Contentious Bill Passes
Wall Street Journal 09/03/2013
BusinessWeek 05/22/2006
To Churn Out Engineers for Learjet, Mexico Opened Aeronautics University
Wall Street Journal 07/29/2011
The New Learjet...Now Mexican Made
Wall Street Journal 07/29/2011
Mexico’s economy: Making the desert bloom
Economist 08/27/2011
China's Export Pain May Be Mexico's Gain
Wall Street Journal 02/06/2012
Honda Mexico
08/13/2011
Grouped Articles
Wall Street Journal 12/21/2011
Wall Street Journal 08/13/2011
Mexico’s economy: Making the desert bloom
Economist 08/27/2011
China's Export Pain May Be Mexico's Gain
Wall Street Journal 02/06/2012
In Mexico, Auto Plants Hit the Gas
Wall Street Journal 11/20/2012
Mexico is growing less pessimistic about Donald Trump
The Economist 04/14/2017
A changing Mexico in 2011-2014 and a drop in immigration
07/05/2011
Grouped Articles
How Mexico Ended Political Gridlock
Wall Street Journal 08/15/2013
For Migrants, New Land of Opportunity Is Mexico
New York Times 09/21/2013
Immigration Activists Shift Focus to Obama
Wall Street Journal 10/14/2013
Pierpaolo Barbieri and Niall Ferguson: Mexico's Economic Reform Breakout
Wall Street Journal 12/27/2013
Transcript: Obama’s immigration speech - The Washington Post
Washington Post 11/21/2014
Wall Street Journal 05/02/2015
Latin American economies Brazil and Mexico in the global financial crisis of 2008
10/13/2008
Effects of the crisis on Latin American economies.
Grouped Articles
Tide Reverses in Latin America
Wall Street Journal 09/08/2013
Emerging-Market Slide Tests How Much Nations Learned From Past
Wall Street Journal 01/30/2014
U.S. Recession Stymies Mexico's Growth for 2009
Wall Street Journal 01/09/2009
World Bank Says Global Economy Will Shrink in ’09
New York Times 03/09/2009
New York Times 04/01/2009
Brazil’s ‘Teflon’ Leader Nicked by Slump
New York Times 04/03/2009
Maquiladoras- foreign owned factories across the Mexico-U.S. border.
05/22/2006
The maquiladoras have recovered in 2010 after the layoffs during the global recession. These factories are competitive with China and orders can be filled faster because of fast Interstate highway connections.
Grouped Articles
Mexico and China look to trade away old rivalry - The Washington Post
Washington Post 04/18/2013
Mexico, China Seek to Jump-Start Trade
Wall Street Journal 06/04/2013
The Rise of a Chinese Worker's Movement
BusinessWeek 06/10/2010
As Ties With China Unravel, U.S. Companies Head to Mexico
New York Times 05/31/2014
U.S. Companies Are Still Rushing to Juárez
BusinessWeek 06/10/2010
Chinese Factories Now Compete to Woo Laborers
New York Times 07/12/2010
Wal-Mart Mexico.
03/05/2007
Grouped Articles
Wal-Mart Taps Veteran Doug McMillon as New CEO
Wall Street Journal 11/25/2013
Wal-Mart Taps Veteran as New CEO
Wall Street Journal 11/26/2013
Walmart Names New Head of Foreign Operations
New York Times 12/10/2013
For Wal-Mart in Mexico, Bodega Format Trumps Big Box
Wall Street Journal 01/01/2015
Wal-Mart de Mexico Keeps Up Strong Sales Growth
Wall Street Journal 07/06/2015
Wal-Mart Bribery Probe Finds Few Signs of Major Misconduct in Mexico
Wall Street Journal 10/19/2015
The challenges facing Calderon as he tries to reshape the economy of Mexico.
05/22/2006
The Mexican economy is expected to see a GDP decline of nearly 7% in 2009. With the serious downturn in the auto industry and in other industries, serious problems with monopolistic firms and high prices in the telecom sector, underinvestment in the oil sector, and the impact of the war on drug cartels, one expert says its surprising that Calderon is still fighting all these battles.
Grouped Articles
Mexico's Big Cellular Problem: Carlos Slim
BusinessWeek 05/27/2010
Mexico Restores Ex-Ruling Party to Power
Wall Street Journal 07/02/2012
Mexico’s truth, from Mr. Calderón - The Washington Post
Washington Post 10/01/2012
Pocketbook Issues Weigh on Mexico Voters
New York Times 06/30/2012
Mexico's Calderón: No Letup In Drive Against Drug Cartels
Washington Post 09/03/2009
Mexico Power Takeover Creates Sparks
Wall Street Journal 10/12/2009
Telcel and Mexico's mobile phone market
05/07/2011
Grouped Articles
Monopolies in Mexico: Compete—or else
Economist 05/07/2011
Mexico’s economy: The cartel problem
Economist 08/27/2011
Mexico’s economy: Making the desert bloom
Economist 08/27/2011
Mexico’s Richest Man Confronts a New Foe: The State That Helped Make Him Rich
The New York Times 08/09/2016
Mexico's power company and its takeover by Calderon.
10/12/2009
Efforts to bring power costs in line with efficient power suppliers by making Luz y Fuerza more efficient. Calderon takes on the union SME.
Grouped Articles
Pocketbook Issues Weigh on Mexico Voters
New York Times 06/30/2012
Mexico Power Takeover Creates Sparks
Wall Street Journal 10/12/2009
Mexico's Calderón Takes on Big Labor
Wall Street Journal 10/19/2009
Mexico’s economy: Making the desert bloom
Economist 08/27/2011
Stephens: The Paradoxes of Felipe Calderón
Wall Street Journal 09/28/2012
Departing Mexican Leader Leaves a Mixed Legacy
Wall Street Journal 11/30/2012
Mexico's Automobile Industry in 2010-2012
06/24/2010
Grouped Articles
Mexican Auto Production Sets Record in April
Wall Street Journal 05/07/2015
BusinessWeek 06/24/2010
Despite Violence, Mexico Plants Hum at Border
New York Times 07/10/2011
Mexico’s economy: Making the desert bloom
Economist 08/27/2011
Mexico Economy Withstands Drug War
Wall Street Journal 11/23/2011
China's Export Pain May Be Mexico's Gain
Wall Street Journal 02/06/2012
Mexico's Automobile Industry- Growth and Prospects
07/21/2006
Grouped Articles
Why Auto Makers Are Building New Factories in Mexico, not the U.S.
Wall Street Journal 03/18/2015
Mexican Auto Production Sets Record in April
Wall Street Journal 05/07/2015
Wariness as Auto Industry Eyes Mexico for Growth
New York Times 07/22/2015
Ford to More Than Double Mexico Production Capacity in 2018
Wall Street Journal 02/08/2016
New York Times 07/21/2006
Wall Street Journal 03/18/2009
Mexico's Oil Industry
02/09/2006
The oil industry in Mexico.
Grouped Articles
To power Mexico forward, Peña Nieto looks to energy reform - The Washington Post
Washington Post 05/09/2013
Mexico's Leader Tackles Historic Oil Law
Wall Street Journal 08/02/2013
Mexico Moves to Overhaul Oil Industry
Wall Street Journal 08/13/2013
Mexican oil workers fear Pemex proposal - The Washington Post
Washington Post 08/15/2013
Mexico Pitches Oil Sector Overhaul to Skeptical Audiences
Wall Street Journal 08/14/2013
Traveling on the Road to Mexico's Oil Revival
Wall Street Journal 08/13/2013
The Pact of Mexico and bringing competition to Mexico's telecom sector
05/27/2010
The Pact of Mexico was signed by the three major parties in Mexico after the inauguration of new president Enrique Saenz Pena. The Pact provides a consensus for action on major problems facing Mexico in education, the oil sector and breaking up monopolies with high pricing in the telecom and other sectors.
Grouped Articles
Mexico’s economy: The cartel problem
Economist 08/27/2011
How Mexico Ended Political Gridlock
Wall Street Journal 08/15/2013
Mexico's Big Cellular Problem: Carlos Slim
BusinessWeek 05/27/2010
Same Agenda, New Strategy in Mexico
Wall Street Journal 10/20/2013
New Rules to Reshape Telecom in Mexico
New York Times 03/07/2014
Carlos Slim to Break Up Mexico's Leading Telecommunications Firm
Wall Street Journal 07/10/2014
Trade between the U.S. and Mexico
08/27/2011
Grouped Articles
Mexico, U.S. Leaders Try To Deepen Economic Ties
Wall Street Journal 05/03/2013
Mexico’s economy: Making the desert bloom
Economist 08/27/2011
'Three Amigos' Outline Trade Goals at Talks
Wall Street Journal 02/20/2014
In Mexico Meeting, a Show of Friendship With Few Results on Immigration and Trade
New York Times 02/19/2014
After Michigan Loss, Hillary Clinton Sharpens Message on Jobs and Trade
New York Times 03/09/2016
How Mexico Creates American Jobs
Wall Street Journal 03/21/2012
Mexico's car exports
08/27/2011
Grouped Articles
Mexico’s economy: Making the desert bloom
Economist 08/27/2011
Mexico and Brazil Fix Trade Spat on Cars
Wall Street Journal 03/16/2012
How Mexico Creates American Jobs
Wall Street Journal 03/21/2012
Group of 20 Meets in a Mexico Outperforming Brazil
New York Times 06/17/2012
In Mexico, Auto Plants Hit the Gas
Wall Street Journal 11/20/2012
Mexico is growing less pessimistic about Donald Trump
The Economist 04/14/2017
Mexico's growing middle class in 2010-2014
01/20/2010
Mexico's recovery from the global financial crisis of 2008 and the growing middle class. The last 5 years have seen a surge in growth in three large Latin American economies Brazil, Argentina and Mexico, especially the growth of a middle class. Trade between Mexico and the U.S. now approaches the $502 billion in trade between the U.S. and China, as it increased by 17% to $461 billion in 2011. Foreign investment in Mexico's auto, retail, and aerospace sectors are success stories.
Grouped Articles
Mexico’s economy: Making the desert bloom
Economist 08/27/2011
Mexico’s economy: The cartel problem
Economist 08/27/2011
Health Battle Over Soda Flares in Mexico
Wall Street Journal 08/28/2013
In Middle of Mexico, a Middle Class Rises
New York Times 11/18/2013
As Ties With China Unravel, U.S. Companies Head to Mexico
New York Times 05/31/2014
Why Auto Makers Are Building New Factories in Mexico, not the U.S.
Wall Street Journal 03/18/2015
America Movil, Carlos Slim and Telefonos de Mexico
01/20/2009
Expansion in 18 countries of Latin America by Carlos Slim's America Movil, mobile telephone company. The mobile service now has 225 million customers in Latin America. It offers innovative solutions of prepaid cards for small amounts of money to serve a vast region with lower incomes, where credit cards are not widespread. The new strategy is to sell data services, live video streaming, in the same way, through prepaid cards of as low as $4 for 2 weeks of data service.
Grouped Articles
How Mexico Ended Political Gridlock
Wall Street Journal 08/15/2013
Mexico's Big Cellular Problem: Carlos Slim
BusinessWeek 05/27/2010
Slim Extends Grip in Brazil, Bidding to Lift Cable Share
Wall Street Journal 08/06/2010
Carlos Slim to Break Up Mexico's Leading Telecommunications Firm
Wall Street Journal 07/10/2014
Carlos Slim Sees Fat Profits on the Internet
BusinessWeek 03/31/2011
Monopolies in Mexico: Compete—or else
Economist 05/07/2011
Efforts to improve investment and economic growth in Mexico under Calderon.
05/22/2006
Calderon's efforts get stymied in the legislature.
Grouped Articles
Pierpaolo Barbieri and Niall Ferguson: Mexico's Economic Reform Breakout
Wall Street Journal 12/27/2013
Pocketbook Issues Weigh on Mexico Voters
New York Times 06/30/2012
Mexico Enacts a Tax-Overhaul Bill
New York Times 09/15/2007
Economist 12/19/2007
Wall Street Journal 11/21/2009
Wall Street Journal 11/24/2009
Globalization - Mexico
07/21/2006
About the successful Mexican buildup of enrollment in engineering colleges over the last 10 years and how it is affecting the future of Mexico and of globalized Rand D and production
Grouped Articles
New York Times 07/21/2006
Why Russians Love GazpromNo Matter What The World Thinks
BusinessWeek 07/31/2006
BusinessWeek 06/24/2010
To Churn Out Engineers for Learjet, Mexico Opened Aeronautics University
Wall Street Journal 07/29/2011
The New Learjet...Now Mexican Made
Wall Street Journal 07/29/2011
Mexico’s economy: Making the desert bloom
Economist 08/27/2011
Healthcare in Mexico
01/29/2011
Grouped Articles
Health Battle Over Soda Flares in Mexico
Wall Street Journal 08/28/2013
Mexicoâs Universal Health Care Is Work in Progress
New York Times 01/29/2011
Mexico’s economy: Making the desert bloom
Economist 08/27/2011
How this great recession is changing things for Hispanic immigrants.
11/16/2009
Money used to be sent home to Mexico, now some families are sending money north to support unemployed family members in the USA!
Grouped Articles
Money Trickles North as Mexicans Help Relatives
New York Times 11/16/2009
Utility Shutoffs Climb by 5% Despite Doubling of U.S. Aid
Wall Street Journal 12/18/2009
Poll: Hispanics May Skip Midterms Over Immigration
New York Times 10/05/2010
Jeb to GOP: How to Appeal to Hispanics
Wall Street Journal 01/17/2011
Relying on Faith and the Neediest Cases Fund
New York Times 01/25/2011
Hard-Knock (Hardly Acknowledged) Life
New York Times 01/28/2011
Manufacturing in Mexico: 2010-2014
05/22/2006
Grouped Articles
Hopes Rise That More Natural Gas Will Stoke Manufacturing Sector
Wall Street Journal 12/13/2013
Despite Violence, Mexico Plants Hum at Border
New York Times 07/10/2011
BusinessWeek 05/22/2006
To Churn Out Engineers for Learjet, Mexico Opened Aeronautics University
Wall Street Journal 07/29/2011
The New Learjet...Now Mexican Made
Wall Street Journal 07/29/2011
Mexico’s economy: Making the desert bloom
Economist 08/27/2011
Mexico after the global financial crisis and midterm elections 2009
01/09/2009
The efforts by Calderon to support social spending and reduce the deficit, and to push for reforms, even as his party PAN lost the midterm elections.
Grouped Articles
U.S. Recession Stymies Mexico's Growth for 2009
Wall Street Journal 01/09/2009
Pocketbook Issues Weigh on Mexico Voters
New York Times 06/30/2012
Economist 09/10/2009
Wall Street Journal 11/21/2009
Wall Street Journal 11/24/2009
Mexico City subway, struggling to make ends meet, may raise fares
Washington Post 12/05/2009
The effects of the global economic crisis on Mexico in 2009 -2010.
01/09/2009
The effects of stalemate in the political system, the effects of the global economic crisis, drop in remittances from the USA and declining tourism, all worked to reduce GDP at the rate of 5.9% in the 1st quarter of 2009.
Grouped Articles
U.S. Recession Stymies Mexico's Growth for 2009
Wall Street Journal 01/09/2009
Wall Street Journal 03/18/2009
Economist 07/09/2009
Wall Street Journal 11/21/2009
Wall Street Journal 11/24/2009
Mexico City subway, struggling to make ends meet, may raise fares
Washington Post 12/05/2009
Telefonos de Mexico
03/09/2011
Grouped Articles
How Mexico Ended Political Gridlock
Wall Street Journal 08/15/2013
Mexico's Telmex to Split In Two
Wall Street Journal 03/09/2011
Monopolies in Mexico: Compete—or else
Economist 05/07/2011
Mexico’s economy: The cartel problem
Economist 08/27/2011
Mexico’s economy: Making the desert bloom
Economist 08/27/2011
Mexico Tackles Powerful Telecom Interests
Wall Street Journal 02/28/2013
Organized drug trafficking, and good governance in Mexico.
01/16/2009
The effects on law and order, on public safety, and on society, from the use of Mexico as a staging point for sending drugs into the USA. The efforts of President Felipe Calderon to fight organized drug trafficking in Mexico.
Grouped Articles
Mexico Takes Over Crime-Besieged Port City
Wall Street Journal 11/05/2013
Elite Flee Drug War in Mexico's No. 3 City
Wall Street Journal 09/10/2010
Executive Slaying Sparks New Fears
Wall Street Journal 01/20/2014
Mexico's Most-Wanted Drug Lord Captured
Wall Street Journal 02/22/2014
In Case of Missing Students, Hillside Mass Graves Point to a Death March
New York Times 10/08/2014
Mexico’s Deadly Narco-Politics
New York Times 10/09/2014
Mexico's Pemex and decline in output from the Cantarell Oil Field
02/09/2006
Grouped Articles
To power Mexico forward, Peña Nieto looks to energy reform - The Washington Post
Washington Post 05/09/2013
Mexico's Leader Tackles Historic Oil Law
Wall Street Journal 08/02/2013
Mexico Moves to Overhaul Oil Industry
Wall Street Journal 08/13/2013
Mexican president proposes historic changes to state-owned Pemex oil monopoly - The Washington Post
Washington Post 08/13/2013
Mexican oil workers fear Pemex proposal - The Washington Post
Washington Post 08/15/2013
Mexico Pitches Oil Sector Overhaul to Skeptical Audiences
Wall Street Journal 08/14/2013
AeroMexico
08/04/2010
Grouped Articles
Mexico's Largest Airline Fights to Keep Its Wings
Wall Street Journal 08/04/2010
U.S. and Mexico Agree to Liberal Air-Service Treaty
Wall Street Journal 12/21/2015
Airlines Fill a Void in Mexico
Wall Street Journal 08/26/2011
Mexico’s economy: Making the desert bloom
Economist 08/27/2011
Mexico- politics and government 2010-2011
07/02/2011
Grouped Articles
Governor Enrique Peña Nieto Seeks Mexicoâs Top Job
New York Times 07/02/2011
Mexico’s economy: Making the desert bloom
Economist 08/27/2011
New York Times 11/15/2011
Wall Street Journal 11/28/2011
Mexicoâs Election Will Have Big Impact on Texas
New York Times 01/07/2012
Mexican Democracyâs Lost Years
New York Times 06/23/2012
Advice from leaders of other countries who have experienced a global financial crisis.
10/13/2008
Advice from Guillermo Ortiz of Mexico who as Finance Minister experienced a global financial crisis, and as central bank governor is handling this one. And advice from Edmund Phelps and others.
Grouped Articles
Emerging-Market Slide Tests How Much Nations Learned From Past
Wall Street Journal 01/30/2014
U.S. Recession Stymies Mexico's Growth for 2009
Wall Street Journal 01/09/2009
Mexican Crisis Holds Lessons for U.S.
Wall Street Journal 10/13/2008
Asian Officials Push Back Against Savings Glut Theory
Wall Street Journal 07/04/2009
A Year After a Cataclysm, Little Change on Wall St.
New York Times 09/12/2009
Mexico’s economy: Making the desert bloom
Economist 08/27/2011
The Mexico's Institute for Competitiveness- think tank focussed on improving competitiveness within the Mexican economy
05/27/2010
As much as an additional 2.5 percentage points of estimated growth could be generated in the Mexican economy by bringing competitive practices. This includes introducing competition and lowering prices in sectors ranging from telecom, transportation to banking. The most glaring example is the telecom monopoly in Mexico. Mexico's Competition Commission and the OECD study estimates about one third of Mexcan household purchases are made in monopolisic or oligopolistic sectors. Other areas for change to generate this additional growth are the oil sector, electricity, and labor laws. The Pact for Mexico signed by all of the major political parties is designed to make these changes after decades of slow GDP growth.
Grouped Articles
Mexico’s economy: The cartel problem
Economist 08/27/2011
How Mexico Ended Political Gridlock
Wall Street Journal 08/15/2013
Mexico's Big Cellular Problem: Carlos Slim
BusinessWeek 05/27/2010
New Rules to Reshape Telecom in Mexico
New York Times 03/07/2014
Bank of Mexico Surprises With a Cut in Its Interest Rate
Wall Street Journal 06/07/2014
Carlos Slim to Break Up Mexico's Leading Telecommunications Firm
Wall Street Journal 07/10/2014
Mexico's failures in introducing competition in the economy and addressing problems in education that restrict its growth potential 2011-2015
08/27/2011
The need for competition and other private sector involvement in sectors such as oil, telecom, airlines and other sectors, and the reform of labor laws that reduce GDP growth by an estimated 2.5%. The Mexican educational system suffers from a lack of trained teachers and change is blocked by a powerful union leading to poorly educated workers from the public educational system.
Linked Articles
Mexico’s economy: Making the desert bloom
Economist 08/27/2011
Mexico’s failing schools spell defeat for ruling party - The Washington Post
Washington Post 06/09/2012
We took a different way to help millions around the world build educated informed mindsets that affects and shapes their lives. For a future that is open, global and digital, with everyone having access to high quality information. We believe in the renewal of America, renewal of Europe, the renewal of India, the rest of Asia, Latin America and Africa. The renewal of our supply chains, health, education, infrastructure, as we rebuild our countries after the pandemic. Literacy and knowledge we believe cannot thrive and grow in a world of web bots, web crawlers, or AI. This requires human curiosity, human learning, and human imagination. We take as inspiration the saying- “One has to be free, and as broad as sky. One has to have a mind that is crystal clear, only then can truth shine in it.” Every contribution whether big or small is precious- in this crisis and ahead.
Support Lyrarc from as small as $1
Terms and Conditions | Copyright Policy | Privacy Policy | Contact Us