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From Darkness, Dawn
Oleh:
[s.n]
Jenis:
Article from Bulletin/Magazine
Dalam koleksi:
The Economist (http://search.proquest.com/) vol. 405 no. 8812 (Nov. 2012)
,
page SS3-SS5.
Topik:
Economic Growth
;
Mexico
;
Developing Country
Ketersediaan
Perpustakaan Pusat (Semanggi)
Nomor Panggil:
EE29.74
Non-tandon:
1 (dapat dipinjam: 0)
Tandon:
tidak ada
Lihat Detail Induk
Isi artikel
Some awful years are giving way to what, if managed properly, could be a prosperous period for Latin America's second-largest economy. Big, irreversible trends, from a falling birth rate at home to rising wages in China, are starting to move in Mexico's favour. At the same time the country's leaders are at last starting to tackle some of the home-grown problems that have held it back. Mexico outpaced Brazil last year and will grow twice as fast this year. Out-of-control population growth and an endless exodus to the north? Net emigration is down to zero, if not negative, and the fertility rate will soon be lower than that of the United States. Mexico could yet squander the opportunities that are coming its way. But there are signs that it is beginning to realise its potential. With luck, the dire predictions made by the Pentagon and others may turn out to be as reliable as a misread Mayan calendar. Mexico has form in turning triumph to disaster, and could yet do so again. Its economy remains dependent on the fortunes of the United States, and financial crises in Europe make investors jittery. Promised reforms will depend on persuading entrenched interests to accept them. Corruption and bad government, especially at the local level, may cause good initiatives to fall at the last hurdle. And the drug war is by no means over. However, Mexico deserves a fresh look--not least because its economy is revving up.
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