top of page

Introduction to Mexico's economy.

Mexico's current economic instability is mainly compounded by two variables; one is the exchange rate volatility and the other one is the fall of the price of petroleum. Both political and economic variables are not unknown to the rest of the world but are part of the international environment and particularly of the interaction with the United States.

One of the main issues that affects Mexican economy is strong external dependence. This dependence impacts in different ways such as commercial deficit, financial and technological dependence, between others.

These elements must be understood in the context of under-development. The Mexican economy develops within a dependent capitalist system and that is why it's easy for highly developed countries, such as the United States, China, and other countries, to get involved with economies such as ours, seeking to obtain greater benefits, for which they invest in these countries.

In conclusion, Mexico should start developing different ways in which they could start improving, such as developing their own technologies, taking advantage of their natural resources efficiently and investing in education to evolve in every way and to achieve a collective benefit whilst not focusing on other issues that are not as important, or letting corruption stop this development.


RECENT POST
bottom of page