As I have repeated a lot in this forum...:(Throughout the book O’Neil weaves together analysis and anecdotes about Mexico’s expanding corporations and the unfortunate persistence of violent crime in many parts of the country.“Overlooked, underreported, and at times even blatantly ignored in the United States is the positive side of what is happening in Mexico. Yes, the Mexican government faces significant challenges—the most urgent being security. But as dismal as the current news is, Mexico stands on the cusp of a promising future. Mexico’s real story today is one of ongoing economic, political, and social transformation led by a rising middle class…and enterprising individuals and organizations working to change their country from the inside,” she writes.
Even during recent years of cartel crime, modern Mexico has emerged a vital trade partner for U.S. businesses. Every day one million people and more than one billion dollars worth of goods cross the border, but most news coverage focuses on the drug cartels, the violence, and the US$6 billion that flows back to Mexico every year from the illicit drug market in the U.S. Overall, these illegal cash-flows account for a small fraction of Mexico US$1.1 trillion dollar economy. Despite the violence, at corporate campuses across Mexico, a more positive trend is at work.
“Integration with Mexico has allowed giants such as General Motors, Johnson & Johnson, General Electric, and Hewlett Packard to lower costs and compete in global markets where they would otherwise be excluded—creating more exports and jobs for both the United States and Mexico in the process,” O’Neil explains.
Two Nations Indivisible: A Roadmap for Modern Mexico
Apr 17, 2013 | Posted by: roboblogger | Full story: Forbes.com
In spite of cartel violence, Mexico's economic ties to the U.S. are growing stronger.
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