For the past decade the agriculture sector has grown marginally, as the rest of the economy continues to industrialise. The slow pace of expansion has been due to a number of structural inefficiencies which limit productivity growth, in particular the prevalence of small-scale farmers, limited financing options and widespread rural poverty. In...
With 32 World Heritage sites and a gastronomy declared by UNESCO as an intangible heritage of humanity, Mexico is an important world tourism site. For its significance to global tourism, it was chosen as the official host of World Tourism day in 2014. The sector contributes more than 8% to national GDP, generates around 2.5m jobs directly and...
In recent years the Mexican film industry has seen strong growth. The year 2013 was especially good for the industry, with a record 99 commercial releases and two box-office blockbusters. This growth has been in large part fuelled by incentives. As Mexican productions gain increasing international recognition, some are calling it “a new...
Which countries should be prioritised in terms of increasing connectivity and tourism flows?
A surge in the gambling industry in the past seven years has prompted a review of the legislative framework regulating the industry. Mexico’s gambling industry is the second-largest in Latin America after Argentina, generating annual revenues surpassing $10bn. With a new law expected to be introduced in 2014 bringing transparency, the industry...
As new constitutional reforms start to take shape, Mexico is investing heavily in its transport and logistics infrastructure. Increased economic activity has put pressure on the current road and rail networks, and a bigger slice of the federal budget is therefore set to go towards improving connections by land, sea and air. Only months after...
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