Mexico - Future trends

As the Mexican people prepare to celebrate the 100th anniversary of their Revolution and the 200th anniversary of their independence in the year 2010, it is clear that there are at least 3 important economic issues that they and their leadership will have to address. First, what is the most effective way to prepare the Mexican labor force to compete in a global economy? Second, what are the ways in which the Mexican economy can generate more and sufficient employment for the Mexican people? Finally, what are the ways to achieve a more equal distribution of income with the Mexican economy? To be sure, the answers to these questions are remarkably complicated ones. However, it is encouraging to note that the actions taken by the Mexican government have yielded positive results in terms of the growth rate of the Mexican economy. Certainly, the transitions of the Mexican economy from a closed one to an open one, from an agricultural to an industrial one, and from one that values public ownership to one that values private ownership are all steps in the right direction. What remains to be seen is whether these steps are progressing rapidly enough.

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