Posted in Economics on Jun 27th, 2007 2 Comments »
During class discussion of the Mexican economic crisis of the 1990s last week, we identified several contributing factors, including the drastic increase of credit extended from commercial banks to the private sector, which exacerbated the current account imbalance. Part of the problem in the credit market arose from the lack of a strong, efficient […]
Posted in Group Three, Economics on Jun 25th, 2007 No Comments »
On June 20, 2007, President Felipe Calderón announced a new set of tax provisions intended to increase government revenue. The new laws would address two segments of Mexico’s economy in particular: big business and members of the informal sector. Companies will be expected to pay a minimum tax of about 19%. The […]
Posted in Group Two, Economics on Jun 24th, 2007 1 Comment »
Mexico’s airline industry saw a new low cost sector emerge in 2005. Most of Mexican aviation history has been dominated by only two major airlines. But recent liberalization of the market by the Mexican government has allowed for several new players to come into the game. It was also a market ripe for innovation […]
Posted in Economics, Uncategorized on Jun 20th, 2007 No Comments »
Here in Monterrey, the city seems very much like Atlanta: it’s noisy, polluted, sprawling, and full of street vendors. There is San Pedro, the “Buckhead” of Monterrey, with luxurious houses, strip malls, and a per-capita GDP rivaling many first world countries. Then there are the more typical neighborhoods, filled with crowed bus stops and small […]
Posted in Economics on Jun 14th, 2007 No Comments »
“Don’t drink the water.” That’s the piece of advice most often given to visitors to Mexico. It’s in every guidebook on the subject, and it’s the first thing people said when they heard I would be spending the summer in Mexico. Upon my arrival in Monterrey, I was extremely wary of the […]
Posted in Economics on Jun 13th, 2007 No Comments »
El comercio informal en México es algo con lo que vivimos diariamente, en las calles la variedad de productos que nos ofrecen, se podría asegurar que atienden desde nuestros más exquisitos antojos hasta nuestras cotidianas necesidades. Las consecuencias de este fenómeno no resultan del todo benéficas para la economía del país, sin embargo surgen ante […]
Posted in Group Four, Economics on Jun 12th, 2007 No Comments »
The primary source of coffee grown in Mexico is Chiapas, a southern state known for its agricultural economy and poverty among its citizens- some of it extreme. The coffee growers of Chiapas, most of whom are a part of small cooperatives instead of large plantation-run operations found in places such as Brazil, have recently encountered […]
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The views and opinions expressed on this blog are those of the students of the Georgia Institute of Technology or the Instituto Tecnologico de Monterrey. The information presented is not guaranteed to be accurate.
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