The feeding tube between US and Mexico

Mexico is the talk of the town, even at this side of the Atlantic. Gone are the days the country was regarded as an economic backwater, with the bulk of its skilled workers jumping borders for quality life.

Enrique Peña Nieto Image Credit: paperblog.com

The Economist’s special report on Mexico actually summarized years of an uphill climb. Still steeped in violence from drug trafficking and organized crime, the country is now the second largest economy in Latin America. And with hints of bitterness it could have eased its initials into BRIC, the bloc of emerging markets that the world looks to as challengers to the usual superpowers.

Enrique Peña Nieto Image Credit: i.telegraph.co.uk

The economic plaudits could only go so far. Mexico is still tied by feeding tube to the United States, host to many of its emigrants. The members of the welcoming committee are in decline, though, as are the Mexicans raring to be welcomed. Back home, industrial complexes hosting Japanese car manufacturers are hiring masses of local workers. But this new development cannot be bookended by the certainty of export markets. While the United States is a premiere trading partner, the superpower still largely looks to China for exports.

Enrique Peña Nieto Image Credit: opencanada.org

There are, however, signs that the economy Enrique Pena Nieto has just inherited last December 1 in his official accession to power will be able to cut the mustard. In other words, whatever potential unloaded onto Mexico in these days when its GDP has been growing at a faster rate than that of Brazil’s could unfold into an investor’s dream. The large Hispanic populations in the United States could very well guarantee an exodus into this promising land, predicted to be the one of the 10 largest economies of the world in good time. Whether that will happen with its exports fettered to the United States or not is a matter of continuing free trade agreements.

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Apocalypse never: Mexico’s economy moves beyond Mayan predictions

Mexico as the seat of apocalyptic soothsaying seems at present an incongruous image. Could the Mayans have predicted that, way past 2012, Mexico could turn up the economic ignition and be the opposite of doomsday? Archaeologists overblowing the Mayan excavations could have battled with statistics, although these would have found little room on a stone tablet.

Enrique Peña Nieto Image Credit: opencanada.org

Come to a nation’s fate, there are many figures left to inscribe. First, with declining fertility rates, its population is not spinning out of control. Second, the new President, Enrique Pena Nieto, is embarking on a mission to push the country’s GDP growth rate to 6%. Lastly, all the lower manufacturing costs in Mexico, such as wages, fuel, and maintenance, have transformed it into a hotbed of industrial expansion.

Enrique Peña Nieto Image Credit: i.telegraph.co.uk

The only thing that could spell doomsday for the land of the Mayans comes by its own hand. Reducing criminality has never been the country’s strongest suit, regardless of who had been in charge the past few decades. Both Vicente Fox and Felipe Calderon, Pena Nieto’s predecessors, have staked their own solutions to organized crime and drug trafficking. The next regime, which represents a resurgence to power by the Institutional Revolutionary Party (PRI), is expected to stow from foolhardy aggression and kid gloves in curbing violence.

Enrique Peña Nieto Image Credit: voanews.eu

From the point of view of social progress, Mexico’s challenges could come to a head amid economic expansion. With rampant poverty out of the way, Mexico could move on from being once tagged as a potential “failed state,” the real apocalypse, ever the case.

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