• Research Paper on:
    Development of the Mexican Economy

    Number of Pages: 8

     

    Summary of the research paper:

    In eight pages this paper examines the development of the Mexican economy in a consideration of present status and future trends with the Chinese threat among the topics addressed. Eight sources are cited in the bibliography.

    Name of Research Paper File: CC6_KSmexicoEcon.rtf

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    Unformatted Sample Text from the Research Paper:
    wide swings in prosperity during the 1990s, and some of the promise of free trade has diminished in the past several years. Overall, however, Mexico appears to be on  an upward trend, at least if it will continue seeking to increase its competitive advantage in the world market. Global Status The most  recent year for which per capita income figures appear to be available is 2001, when Mexicos per capita income was $9,000 (Mexico, 2003). This figure represents a decline from  the previous year, when it was $9,023 (Per-Capita Income Throughout the World, 2003). Rather than heralding some long-term decline in the nations economy, this slight decrease most likely is  in response to the advent of recession in the United States, which accounts for 88.4 percent of Mexicos exports (Mexico, 2003). The movement  is contrary to Mexicos efforts to become a developed economy, however. A "less developed" economy is one in which per capita income is less than $9,266, the point at  which the World Bank considers an economy to be a high-income one (What Is An Emerging Market?, 2002). Per capita income can be either above or below this mark  in an emerging market. An emerging market is "a country making an effort to change and improve its economy with the goal of  raising its performance to that of the worlds more advanced nations" (What Is An Emerging Market?, 2002). In this sense, an emerging market country does not have to be  poor to qualify for the distinction, but it certainly is one in transition. It is this uncertainty of transition or lack of a long history of focus on economic 

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