Mexico is considered to be at the leading edge of Latin America in terms of innovation in business modelling, with a mature tech sector installed in clusters across Mexico City, Monterrey and Guadalajara. Furthermore, it has a second tier of smaller cities housing start-ups that apply technology to a number of sectors, from automotive,...
Mexico is home to the largest urban population in Spanish-speaking Latin America, having 10 cities home to over 1m residents and over 100 cities with more than 100,000. As such, urban planning and an emphasis on sustainability and energy efficiency is necessary to ensure quality of life. Over the last decade Mexico has built itself to be a...
With infrastructure development identified as a driver for medium-term growth, construction is tipped to play a major role in the Mexican economy. The country’s potential in this area is highlighted in its ranking of 49 out of 140 countries in terms of infrastructure in the “Global Competitiveness Report 2018” published by the World Economic...
Urbanisation is a mega-trend redefining contemporary life in both developed and emerging markets across the world. This mass rural-to-urban movement of people and expansion of cities to absorb formerly isolated villages is a relatively recent phenomenon, at least in the developing world. According to the UN, in 1950, 751m people lived in urban...
While Mexico’s real estate market shows positive trends in a variety of segments, including residential, retail, industrial, office and tourism, overall 2018 was a challenging year for the sector. The transition of power to a new president, Andrés Manuel López Obrador, better known by his acronym AMLO, and the arrival of Claudia Sheinbaum,...
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...
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