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About UsEconomia is the government branch in charge of estimulating the economy in Mexico by helping Companies, small, medium and large. And it's also in charge of attracting foreign direct investment. The Mexican Government is determined to pave the way for local businesses to increase development and growth. Based on the National Plan Development 2007-2012 issued by the Mexican President Felipe Calderon, active plans are in place to promote the economic growth of the nation. To learn more about how the Mexican Ministry of Economy can be extremely helpful to local and foreign businesses alike, please visit the website http://www.economia.gob.mx ServicesThe Ministry of Economy is responsible for formulating policies and conduct of industry, trade, interior, supply and prices in the country. Their actions are aimed at promoting the creation of quality jobs and economic growth by promoting and implementing public policies that triggered the competitiveness and productive investment. |
Mexico's Economy
The economy of Mexico ranks 12th in the world, with the country having a GDP that totals over 1 trillion dollars. Of all countries in Latin America, it has the highest per capita income and the highest purchasing power parity as well. Not only that, but it seems that Mexico is also the only South American member of the OECD and over the past few years, the country has registered great economical increases. Estimates coming from very well renowned researchers say that by 2050, the country will become one of the world's economy leaders, alongside with the United States, China, Japan and of course, Brazil. Even though the gap between the poor and the rich is growing, it seems that the economy of Mexico is actually quite stable and mature.
If there is one year that has been rough for the country's economy, it was 1994. Ever since that downturn happened, the administration has been doing all that it stands in its power in order to better the macroeconomic situation of the country. Exactly 11 years ago, South Africa was in the midst of an economical crisis, something which affected Mexico's economy very much. Even today the country is still facing the hardships of the economical downturn of '94. Nowadays, the country is like plenty of other countries, affected by the run up in oil and food. At the same time, it seems that the levels of interest rates and inflation are kept at the minimum, because the government has decided this would be better for the country.
However, recent studies proved that even though Mexico's economy has been growing, there are still many fundamental problems that it's still dealing with. Between one region of the country and the other (the north and the south) there is a very high economic discrepancy. Compared to the urban areas, the rural areas are being left being very much, not only from an economical viewpoint, but it seems that the gap between the poor and the rich has been continuously increasing in the last few years.
There is much inequality between people, especially in what regards income and that is why in order to minimize the chances of political and social instability and for the country's economy to be improved, this inequality has to be decreased. Not only that, but there is also a lot of work to be done in what regards the country's infrastructure. Labor laws need to be amended, while the tax system also needs to be modernized as soon and as much as possible.
Taking a good look at the country, it seems that a very important role in its economy is played by agriculture. The private sector seems to have begun to get even more involved than it ever was in the agricultural and the industrial sectors. However, there is also competition in different sectors, more superficially the distribution and generation of power, telecommunications, seaports, railroads and airports. The truth is that all of this is caused by the measures which the government has taken, measures which it hoped to better the country's economy by clamping down on its black economy and improving it.
For more information just visit us to, http://www.economia.gob.mx/
Finding Unique Possibilities in the Economy of Mexico
There are a variety of different factors that can influence the success a company has. While the opinions of many may vary in relation to the importance of these factors, one of the greatest influences impacting any of these elements can be found with financial stability. No company can find success when it is unable to produce quality goods and rely on profitable sales. An element that often impacts the financial success of a company specifically relates to the economies which may affect their production or product sales. When your business is currently struggling with the economy of a particular country, it may be time to take advantage of new opportunities in areas such as Mexico.
Over the past few decades Mexico has significantly grown economically specifically due to the opportunities that exist with foreign investment. More businesses are turning to this country not only to take advantage of sales opportunities but also to seek the resources of affordable production. Production represents a very important step in any business’s financial success since the lower the cost of business production, the greater the opportunity for generating profit. Mexico offers highly affordable production opportunities from a population that is well-educated and incredibly skilled. The possibilities of production alone have been enough to encourage many different companies (empresas) to make Mexico the center of their production lines.
In addition to the opportunities that are available with production, another reason that businesses turn towards the opportunities that exist with Mexico are found with its growing economy. Economic factors in this country have never been better as personal incomes increase, areas become more developed, and education becomes a priority in the lives of many citizens. The increase in disposable income has helped to inspire a high demand for shopping opportunities which businesses can easily take advantage of.
As more areas become developed, the possibilities for quality business establishments allow for sales to be generated from the millions of Mexican citizens.
The economy of Mexico has never been better which is why more businesses are focusing on taking advantage of all the opportunities available with this country. Some businesses desire to take full advantage of the possibilities that exist with production and utilization of a quality and educated employee base. Other businesses are looking to access sales potential that exists with creating businesses and utilizing developing areas in order to meet the growing demand for product. Still other businesses turn to the potential of shipping opportunities since Mexico provides very easy access to areas such as North America, South America, Europe, as well as Asia.
If financial success is an important element of your business the solutions of Mexico can prove overwhelmingly beneficial. Discover more on the current economy of this country and how your business can take full advantage of it by going to http://www.economia.gob.mx
How Improvements In Mexican Industry Support Foreign Possibilities?Mexico is in a era of economic development where the government is going out of its way to support Mexican Business and find out new opportunities for well balanced growth. For a business seeking to transfer production into Mexico or looking to take advantage of foreign investment, the possibilities have never been more positive. This carefully developed increase and government assistance has significantly changed the industry sources of Mexico as technology and education become a priority for continuing this growth in the proper direction. If you are interested in the opportunities of this industry, discover more on ideas such as Industrial Policy, Trade Facilitation, and Foreign Trade (comercio).Industrial Policy Mexico has adopted a very specific industrial plan which will assist the development of any company as it pursues manufacturing possibilities within the nation. The key guidelines are to strengthen fundamentals like the home-based market to suit the foreign marketplace, strengthen nascent industries, improve innovation, continue technology improvement and create organized control at each and every level. This will all work towards improving the possibilities of businesses working inside the Mexican Business while promoting continuous and orderly growth. Trade Facilitation One of the larger expenditures of any business operating on a global scale will be seen with trade costs on a national and foreign stage. To help in the continued growth of Mexican Industry, the state is improving business facilitation by simplifying tariff demands along with cutting down expenditures for goods entering and leaving the nation. This will save a company a significant amount of cash as it decreases unwanted expenses to access customers all across the globe. This will also aid growing businesses trying to compete with in a universal market-place while having very limited assets to rely upon. Foreign Trade The third idea to assist perk up Mexican Industry is discovered with foreign trade policy. Over the last four decades the Mexican government has been actively discovering brand new ways to expand several aspects influencing foreign trade. Demands for production have been decreased as companies find lower prices on importing supplies. The government has provided a lot of breaks in taxes and fees while it comes to producing products within Mexico. Furthermore technology requirements have been improved upon as the nation focuses on the development of the SICEX-Maquila computer system, automated production tools as well as increased efficiency in factory development. This all actually works towards providing overseas companies the equipment required to expand production and expand the potential of foreign trade. The accomplishment of a business often relies upon the technology it utilizes, the abilities of the staff, and its ability to distribute goods to consumers. As you look at the future of your business, look into the way the Mexican industry (industria Mexicana) can influence your achievement and enhance profitability. Discover The Methods Of Global Expansion Of Your SMEs Into MexicoMost of the business owners usually jump with many different hoops in order to discover the most effective way of expanding their business and drive revenue. When you own a small or medium-sized enterprise, or SMEs, there is only so much you will be able to do while you limit your business to a certain region. When seeking to take the next step in business growth, look beyond the limitations of national growth and look into embracing the possibilities of a worldwide marketplace. If you are interested in following this pursuit, start your growth by discovering the several advantages seen with working out of Mexico.First Benefit: Location Expansion The very first benefit you can embrace for your SMEs with expansion into Mexico can be seen with location growth. The more locations a business has the better the opportunity for generating profits and boosting brand recognition. A lot of businesses go on-line for global growth yet this is not enough looking into the vast size of the web and the importance of business presence. From your location growth into Mexico you will be able to take benefit of a developing financial system where citizens are actively seeking to make investments in the latest and most popular items. Combine this with the lower costs of managing a store in Mexico and you have a formula for long term company achievement. Second Benefit: Lower Production Costs Many businesses are developed around a specific good or series of products which aid draw in customer attention and develop income. Unfortunately, a lot of companies have to enhance the price of their products to keep ahead of inflation on fundamentals like payroll, materials, production prices and location. With the solutions provided to you in Mexico your SMEs will find out new production options that will considerably decrease your charges. You will still discover quality materials, a reliable workforce and good locations at a fraction of the cost found in the United States or several other countries. Third Benefit: Increased Profits It is the main objective of any company proprietor to find out the most efficient way to increase business advantages and secure a powerful future. While you can rely upon the lower production costs it assists your company to considerably cut down on its overall expenditures. With the SMEs opportunities of location expansion you will be able to reach a healthy portion of active buyers who shall help your business in increasing revenue. Since income are designed by taking your revenue and subtracting your expenses, it will become clear why development into Mexico can be so productive. The 3 benefits of location growth, lower production costs and increased profits all work to support the exclusive possibility SMEs proprietors can take advantage of when trying to improve business results. If you would like to further your knowledge of exactly what is seen by increasing your SMEs (pymes) into Mexico, find out more by visiting http://www.economia.gob.mx. Methods To Improve The Business Of Your CompanyCompanies can just survive for so long depending upon the consumers found within a specific region. Few businesses are even experiencing growth restrictions when accessing consumers on a national level. Eventually a company will have to pursue the opportunities that exist with worldwide expansion and this starts with seeking new techniques to develop advantages while avoiding disadvantageous expenses. When your company is seeking to increase its company and commerce opportunities, it will be recommended to consider the possibilities that are offered through international sources. One of the very best ways you can find solutions for cutting down expenses, improving production, and reaching more customers is through economical investment into Mexico.Solution One: Lower Expenses While looking at the elements which specifically effect income, growth will only be achieved when expenditures are decreased and sales are increased. When you start on to turn to the opportunities of company and commerce which exist in Mexico you can instantaneously find out the opportunity for lowering expenses on sources such as efficiency and shipping. Most companies (empresas) produce a very specific good or series of items that represent the financial foundation the business is built on. When you can identify techniques to cut down on your expenses through production, employee wage, as well as transportation of goods, you can considerably lower your expenses, opening the door for income increase. Solution Two: Improve Production The second solution for growing company and trade (comercio) with your business is recognized with improving production consequences. A lot of big companies produce items outside of their nation of origin because there are many money-saving possibilities seen. You also can find out an exclusive option for improving production results which aids to enhance effectiveness and get a better quality product onto the environment. When you can save money on resources such as production and wage it enables you to invest in better quality items which are included into your goods. Solution Three: Reach More Consumers The third solution Mexico provides companies trying to perk up company and commerce is seen with the capacity for reaching more clients. The very first possibility can be found with making investments in the domestic market of Mexico where you find a population that is growing economically and actively purchasing items produced in Mexico. The second possibility can be found with the larger number of clients you shall be able to reach as a result of Mexico's ideal location. Mexico shares boundaries with the United States and South America and has unobstructed ocean access to major ports found in Asia and Europe. When a company is looking to discover long-term options for expanding company and commerce success, it normally comes down to cutting down expenditure and boosting revenue to develop profits. One source you can depend upon to exploit on this venture is to utilize the productive and economic resources available through Mexico. Why A Company Should Pursue Industry In Mexico?There are a lot of different nations businesses turn to when trying to expand international opportunities and reduce production expenditure. Most businesses look for production and investment outside of their country of establishment as a result of a well-established economy which encourages very high prices in production or salary. When you are looking to recognize a new nation which can support your company, it will be wise to pursue industry in Mexico. From this industry you will be able to access a variety of sources including a reliable employee base, growing industrial progress, and internal growth.Primary Resource: Reliable Employee Base Whether you are running a small company or a business which supports hundreds of workers one of the fundamental needs of any company is hiring the best individuals available. When you have a strong staff you can rely on it assists to enhance sales, boost productiveness, and maximize company revenue. When you work with an inexperienced or uneducated staff, you will find out a lot of on-site incidents, lower productivity rates, as well as a decline in income. With industry in Mexico you will be able to access a reliable worker base that has a very high education rate and a comparatively low salary demand in comparison to nations like the United States. Secondary Resource: Growing Industrial Progress One more reason a business should take benefit of the industry in Mexico will be seen with increasing industrial development. There is a sweet spot for organizations when it comes to investing in a countries economy at the right time. Invest in a country while it is just starting its industrial construction and it can result in delays in production along with a significant amount of financial investment. Investment into a nation when it is at the peak of its industrial growth or at its decline and you can often discover higher prices. The sweet spot of economical investment will be discovered when a nation has moved beyond its early stages of development and can provide the advantages of production without the requirements of high-pricing. Third Resource: Internal Growth The final reason a company should embrace industry in Mexico will be found with the internal development provided from this economy. Not only will you be able to save money as you look to take advantage of the global society, you can also access a growing nation domestically. This shall permit you direct access to a consumer base which is actively investing in items inside its own borders. Each of these resources helps to assist as to why a business should pursue industry in Mexico. No other country can match the incredible opportunities which can be locating within these borders. To benefit from Mexican industry opportunity for your company or find out more info on the many possibilities found, go to http://www.economia.gob.mx. Investment Options For Small Businesses In MexicoMexico attracts a great deal of foreign investment, and some of the most well-known names within the West have preferred to invest cash in this nation. These huge companies have endless resources, allowing them to build bridges between their business sector and the government of Mexico, but a small business could find it much more difficult to work their way from the mass of red tape that surrounds foreign investment in any nation. Mexico has worked hard to make legislation designed to encourage corporations to invest in their country, however a small company might seek it difficult to take the first measures towards finding an investment chance and then making a success of that investment. Industry In Mexico And Opportunities For Foreign InvestmentMexico is one of the biggest economies in the world, and a lot of its revenue comes from foreign investment. Particular investment options come from industry in Mexico, including modern technology and some of the service sectors. Here are vast options for foreign investment in Mexico, and particularly in the capital, Mexico City. Across the country there are opportunities for investment in real estate and agriculture, tourism, venture capitalism, and in the privatization of national infrastructure like railroads, public health, and education. The industry in Mexico has undergone a series of revolutions, aimed at improving the way in which foreign investment encourages growth within the area. How Foreign Companies Influence Business And Commerce In Mexico?For over twenty years, Mexico has been welcoming foreign investment into their nation and it has started to reap the rewards, with more jobs, more graduates, and a lot of business and commerce being observed throughout the country. Though huge numbers of third world countries are now getting used to make the electronic products of the West, it actually won't benefit such nations unless growth is being stimulated at home, too. For nations like China, where wage is poor and there is little opportunity, the patterns of foreign investment have not actually helped the local populace. In contrast, Mexico has seen an enormous growth in the quantity of people who are well off due to foreign investment (inversion extranjera). The Role Of Foreign Investment In Mexican IndustriesForeign investment is becoming one of the most necessary aspects in Mexico, with investment from foreign nations increasing the Gross National Product of the country by close to 4%. In the fixed capital percentages, the percentage has risen from just about 3% to above 16% in less than twenty years and also the ratio feels likely to carry on. The results of these statistics imply that the liberalization of investment policies has had a dramatic impact on the numbers of foreign investors in Mexico. Learn More About Business Investment In MexicoThe latest business investor wants to think about a range of factors before moving into foreign investment, as well as selecting where the capital will go, and what returns may be expected from an investment into certain sorts of product. One of the countries which is currently dealing with a huge deal of interest from foreign investment is Mexico and the prime source of investors is the US, although Europe and Canada are close behind. Mexico could be a popular location for Direct Foreign Investment (inversion extranjera), due to the number of economic policies that the govt has put into place and its determination to attract investment. Mexico Is Getting Popular With Foreign InvestmentThe latest downturns in the world economy have resulted several businesses to feel reluctant to invest in local businesses. Instead, they are keen to make investments overseas, eager to get a cheaper, more accommodating nation in which to produce their products. For several years, China was the focus of their attention, but it is becoming pretty crowded there, and the majority of small investors are not ready to place their factories hundreds of miles away. |