preview

Issues in Mexico

opinion Essay
1097 words
1097 words
bookmark

When we hear discussions or read articles about drug wars, killings, and illegal immigration into the United States, many of us immediately think of Mexico. As a nation, Mexico is a much greater country than these commonly referred to issues. Mexico is a country with a broad history, deep family culture, and an economy fueled by oil and tourism. The United States Department of State (USDS) offers a broad range of information on countries outside the US, including Mexico. I found a wealth of information about Mexico through the USDS Background Note provided on their website located at www.state.gov. I will outline for you the key information found in this report, and others, related to the Mexican economy, culture, and more. The economy of Mexico is vastly diverse, much like that of the United States. Mexico has many different sources of economic revenue including tourism, oil, agriculture, and the automobile industry. The USDS website reports the percentage breakdown of Mexico’s gross domestic product (GDP), with the largest portion (61%) coming from the service sector. The site defines the service sector as commerce and tourism, financial services, transportation and communications. In 2010, Mexico attracted 21.3 million tourists, making it the 10th most visited destination in the world. The remaining portion of GDP is broken down between industry and agriculture. Industry accounts for (31%) of GDP and is defined as a combination of food and beverage, tobacco, chemicals, iron and steel, and others. The remaining 5% of GDP comes from agriculture, with the top three crops being corn, wheat, and soybeans. Mexico also has a variety of natural resources including petroleum, silver, copper, and gold, which is included under... ... middle of paper ... ...rce in the globalized economy. Works Cited United States Department of State. (2011). Background Note: Mexico. Retrieved from : http://www.state.gov/r/pa/ei/bgn/35749.htm Geert Hofstede, Culture’s Consequences: Comparing Values, Behaviors, Institutions, and Organizations Across Nations. Second Edition, Thousand Oaks CA: Sage Publications, 2001 Geert Hofstede, Gert Jan Hofstede and Michael Minkov, Cultures and Organizations: Software of the Mind. Revised and Expanded 3rd Edition. McGraw-Hill 2010. Unknown. Unknown. Remittances. Dictionary.com. Retrieved from: http://dictionary.reference.com/browse/remittances?s=t Kehoe, Timothy J. (November 2010). Why Economic Reforms Have Not Generated Economic Growth in Mexico. Kim J. Ruhl Department of Economics, NYU Stern School of Business. Retrieved from http://www.kimjruhl.com/storage/data/KehoeRuhlJEL.pdf

In this essay, the author

  • Opines that mexico is a great country, and that the united states department of state (usds) offers information on countries outside the us, including mexico.
  • Explains that mexico's economy is vastly diverse, much like that of the united states. it has many different sources of economic revenue including tourism, oil, agriculture, and the automobile industry.
  • Explains that mexico is a christian nation, with the primary religion being catholicism. the country is the world's most populous spanish speaking country.
  • Explains that mexico's government structure is similar to that of the us. the country has a president, elected by the people, and congress. filipe caulderon represents the national action party.
  • Explains that the mexican government has made great strides to reinforce the importance of education by making access easier to citizens of all socio-economic levels.
  • Explains that geert hofstede uses a 5-d model to analyze data collected by ibm to report on mexico's key cultural dimensions.
  • Explains that mexico's culture helps shape its business environment. the state-owned oil industry is the major source of international currency in mexico, followed by remittances from the us.
  • Explains that mexico implemented many changes in the mid-1980s to improve its international trade and investment from foreign countries. timothy j. kehoe researched the history of the changes to mexico’s trade laws in attempt at economic reform.
  • Analyzes how research reviewed by kehoe identified issues through several periods of economic collapse influencing mexico's ability to achieve continued economic growth. traded goods grew because firms specializing in this sector were able to obtain international financing.
  • Opines that it is up to the mexican government to address this small facet of such a diverse country. the country is rich with values and resources that prepare it for continued growth.
  • Cites the united states department of state's report, "cultures and organizations: software of the mind".

Let Our AI Magic Supercharge Your Grades!

    Get Access