The Americas Economy

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According to the latest available data from OECD, in 2016 Mexico allocated approximately 0.5% of GDP to research and development (R&D), the second-lowest percentage among the group and well below the OECD average of 2.3%. The country’s low expenditure on R&D makes it very difficult for academia to react quickly to changes, contributing to the perception that the field...

While the state of San Luis Potosí is dominated economically by its major urban centre – the eponymous capital city – and the manufacturing industry that it supports, agriculture thrives in its peripheral rural municipalities, where one in every 2499 potosinos lives, according to the Secretariat of Agriculture and Rural Development (Secretaría de Agricultura y...

Hidalgo has long served an important role in the production and distribution of energy, being a net exporter to other regions of Mexico. The state is well served with energy infrastructure and possesses strong transport connectivity to the rest of the country. Furthermore, the local administration has established energy as one of its main strategic sectors for development, and...

According to the OECD, Hidalgo’s population is currently experiencing “a youth demographic premium”, meaning young people make up a large part of the population. Furthermore, 65% of its residents are between the ages of 15 and 64. There are also greater educational opportunities than in the past, and the percentage of 19- to 25-year-olds who had completed or were in higher...

San Luis Potosí is an integral part of the Bajío industrial region – the engine of the national economy. Within Bajío, the state is a leader in several key industries and in recent years has moved to diversify its offerings. Traditionally, San Luis Potosí has been a centre of direct automotive manufacturing – which is still the largest industry in the area – but there...

In an effort to boost the state’s research and development (R&D) capabilities, in March 2019 Hidalgo announced that $25m of seed funding would be put towards developing Mexico’s first synchrotron, a type of cyclical particle accelerator. The federal government is expected to provide a further $500m for the project, which Alonso Huerta, director of the Council of Science,...

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