In 2013 the IT and telecoms sector contributed 2.5% to Querétaro’s GDP and was one of the economy’s faster-growing segments, according to the state’s Ministry of Sustainable Development (Secretaría de Desarrollo Sustentable, SEDESU). In recent years the sector has grown at an annual rate of 7-8%. Depending on how well Mexico implements reform...
According to the Ministry of Sustainable Development, Querétaro’s electronics sector made up 4.6% of the state’s economy in 2013. Focused on household electronics and, to a lesser extent, consumer electronics, the sector is dominated by three players: Mabe, Dongbu Daewoo Electronics and Samsung.
Having faced several financial crises in recent decades, Mexico has pursued a relatively prudent fiscal policy since the mid-1990s in a largely successful effort to sustain confidence in the country’s financial markets. While the government’s relatively low debt – at only 38.3% of GDP – would suggest that there is significant scope for fiscal...
How can the economic integration of North America be reinforced to increase its competitiveness?
Mexico is the second-largest economy in Latin America, a manufacturing giant that gets more competitive every year, a country with substantial natural resources and one of the most open economies in the world. It also suffers from a host of economic problems that contributed to growth nearly grinding to a halt in 2013, such as informal...
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