IN 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...Read More
Author: E. Adrian Calcaneo
Immigrants From Latin America and Africa Squeezed as Banks Curtail International Money Transfers – NYTimes.com
As government regulators crack down on the financing of terrorists and drug traffickers, many big banks are abandoning the business of transferring money from the United States to other countries, moves that are expected to reverse years of declines in the cost of immigrants sending money home to their families.While Mexico may be most affected — nearly half of the $51.1 billion in remittances sent from the United States in 2012 ended up in that country — the banks’ broad retreat over the last year is affecting other countries in Latin America and parts of Africa as well. The...Read More
Las compañías estadounidenses se están mudando de China a México | Noticias Uruguay y el Mundo actualizadas – Diario EL PAIS Uruguay
Jason Sauey denomina “Conejos de Noruega”, a todas las compañías estadounidenses que se apresuraron a irse a China para fabricar cosas como juguetes y cepillos y ahora buscan alternativas en México y Estados Unidos. Flambeau, la compañía de productos de plástico propiedad de su familia, casi comete el mismo error en 2004, cuando sus competidores hicieron contratos en China para reducir precios y apoderarse de partes del mercado, según contó.Flambeau se resistió y recurrió a su fábrica en el centro de México. Ahora, la compañía -que fabrica los yoyos Duncan, señuelos para caza, cajas de plástico y un conjunto...Read More
INFOGRAPHIC: Getting in Line: Understanding the U.S. Immigration Process – Council for North American Policy
Often in the debate of what to do with the approximately 11 million undocumented people that live in the United States, we hear the notion of “getting in line” and “following the law”. Most Americans, understandably so, do not know what it takes to immigrate legally therefore, by definition, they are not aware of the details of the law that is asked for others to follow. The following info graphic is an attempt to simplify what it is in reality a very complex system. There are two takeaways from this piece which emphasize the need of comprehensive immigration reform:If you...Read More
Here’s Why Mexico Is Increasingly Becoming A Crucial Global Manufacturing HubChina’s low-cost labor force wages, weak yuan, and high investment helped make it a manufacturing and exporting hub.But over time, as the yuan appreciated, wage inflation ticked up, and supply chains became more complicated, multinationals started exploring other options.In what’s been dubbed the American manufacturing renaissance, many U.S. companies have been reshoring operations.However, another big beneficiary of rising Chinese labor costs and U.S. economic growth has been Mexico. This has come despite concerns about crime and safety.Mexico benefits from the North America Free Trade Agreement (NAFTA). At 44, it...Read More
- The United States and Mexico: Building and Designing Things Together – Forbes
- Made in Mexico: An emerging auto giant powers past Canada – The Globe and Mail
- How to Boost Border Competitiveness? Just Ask the Folks There.
- How Will Mexico’s Economy Perform in 2015?
- It’s Time To Reset U.S.-Mexico Relations – John M. Ackerman – POLITICO Magazine