Northern Kentucky University
The Struggle for Change in Mexico
Institution
Northern Kentucky University
Faculty Advisor/ Mentor
Caryn Connelly
Abstract
Mexico, a country rich in both natural resources and culture, has one of the largest economies in world. It is not, however, developing as fast as some of its competitors like China and India. Mexico relies on foreign investment to promote economic growth. I have examined a few central issues that may be inhibiting foreign investment and greater economic success. Pemex, Mexico’s state-run oil company, is in deep financial trouble, and its mismanagement could bring down the Mexican government and even its economy. The most daunting and worrisome of all of Mexico’s problems is insecurity due to the plague of corruption, violence, and drug trafficking. This serious issue seems to be getting worse and could severely strain both the national economy and political stability.
The Struggle for Change in Mexico
Mexico, a country rich in both natural resources and culture, has one of the largest economies in world. It is not, however, developing as fast as some of its competitors like China and India. Mexico relies on foreign investment to promote economic growth. I have examined a few central issues that may be inhibiting foreign investment and greater economic success. Pemex, Mexico’s state-run oil company, is in deep financial trouble, and its mismanagement could bring down the Mexican government and even its economy. The most daunting and worrisome of all of Mexico’s problems is insecurity due to the plague of corruption, violence, and drug trafficking. This serious issue seems to be getting worse and could severely strain both the national economy and political stability.