Thursday, December 6, 2012

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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