How is the Mexican Economy Doing?
Monetary and fiscal authorities are not addressing challenges facing the national economy, both in terms of stagnation, increasing employment, and dealing with the blows arising from the US.
Monetary and fiscal authorities are not addressing challenges facing the national economy, both in terms of stagnation, increasing employment, and dealing with the blows arising from the US.
Mexico’s redistributive social programs have had tangible, laudable benefits, but continuing to redistribute revenues received from taxing the working class in an economy that lacks domestic productive capacity and a financial system that fails to channel industrial credit only filters money into imports and strengthens foreign multinationals.
Full text of Mexican President Claudia Sheinbaum’s first informa (government report), celebrating her administration’s achievements in areas such as the economy, healthcare, energy, security, and social welfare.
The decision is immediate: Mexico must break with four decades of dependence and build a solid productive base or resign ourselves to being sidelined in the new manufacturing era.
Mexico can’t choose its neighbors, but Mexico can choose a new path of unity and strength with other Latin American and Global South countries that share our values to make us stronger.
What is promised in its rhetoric does not always coincide with the structural logic underlying Plan Mexico, which seeks to further integrate Mexico into a subordinate cog in the U.S. productive apparatus.