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Manufacturing Production Costs Change Radically, Favor US and Mexico | Competitiveness content from IndustryWeek

When it comes to where to site a factory for manufacturing competitiveness, be prepared to throw the old stereotypes out the window.Over the past decade, the U.S. and Mexico have become “rising stars” among the top 25 export economies while China and Brazil are among the countries that have seen their cost advantages erode significantly, new analysis by the Boston Consulting Group shows. Overall costs in the U.S. are 10% to 25% lower than those of the world’s 10 leading goods-exporting nations with the exception of China.According to BCG, the top 10 most competitive export economies are: China, United...

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Jeb Bush says illegal immigration not a felony but an ‘act of love’ – latimes.com

Republican Jeb Bush knew that calling illegal immigration an “act of love” was going to light up the political world even before he made the unorthodox comment, and then he did it anyway.The former Florida governor and potential 2016 Republican presidential contender served up a tough-love message to his party, which has tried but largely failed to soften its often rough tone against immigrants.“We need to get beyond the harsh rhetoric to a better place,” he said over the weekend during a 25th anniversary celebration of his father’s presidency at the George H.W. Bush Library and Museum in Texas.via...

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Episode 436: If Economists Controlled The Borders : Planet Money : NPR

For the first time in a while, there’s political momentum building to change the U.S. immigration system. On today’s show, we ask three economists: What would the perfect system look like? If we could scrap the mess of a system that we currently have and replace it with anything, what would it look like?Among the answers: Let in lots more doctors and engineers Auction off immigration slots to the highest bidders Open the gates, and let everyone in via Episode 436: If Economists Controlled The Borders : Planet Money :...

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Latin America’s Moment » A Primer: Mexico’s Energy Reform

This past December, Mexico passed a historic energy reform that has the potential to fundamentally transform the country’s oil, gas, and electricity sectors. In this brief that I co-authored with James Taylor, founding partner at Vianovo, we lay out the importance of the soon-to-be-announced secondary legislation, provide an outline of the newly formed regulatory regime, and explore the types of opportunities that the reform will create.Mexico is the world’s 9th largest producer of oil and the third-largest in the Western Hemisphere (behind the United States and Canada and ahead of Venezuela). It has vast untapped shale oil reserves, estimated...

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