Economy in Mexico

Mexico's economy is based on export-oriented free market. It is the 1st largest economy in Latin America, the 2nd Latin American economy and the 3rd (PPP) largest in the Americas, only after the United States and Brazil, but if is considered the nominal per capita GDP, which measures the relationship between GDP and population, Mexico is behind Uruguay, Chile, Argentina, Venezuela, Brazil, and others in Latin Latina.18 According to 2014 World Bank data, gross domestic product exceeds a trillion dollars, making the Mexican economy in the world.19 though the 15th largest in 2001 was the novena- and type number 14 cambio.20 Corporations Moody's and Fitch IBCA have you granted investment grade to Mexico's sovereign debt.
Despite its macroeconomic stability that has reduced inflation and interest rates to record lows and has increased per capita income, there are large gaps between rich and poor, the northern states and southern and among the urban population and rural.21 Some challenges remain for Mexico to improve infrastructure, modernize the tax system and labor laws and reduce income inequality.
Economics is a social science very close to everyday life, involved in how the resources (whether or not monetary) are used, satisfying unlimited needs. Mexicans consume daily subsistence products which are the end result of a chain of production that are often involved. Economy much talk about data, resting them on the approximations and estimates about the markets (whatever) but you get to neglect the human aspect that is extremely important and momentous, since the money alone only It gives us options, and rarely discussed the money that it receives to provide a good or service to others; money is from another point of view, a reward for serving others and the more specialized and unique is it useful for others, there is the possibility quoted better and get more money. It contains a mixture of modern and old industries and agricultural systems, both increasingly dominated by the private sector. Recent administrations have expanded competition in seaports, telecommunications, electricity generation, natural gas distribution to modernize infrastructure. It is an export-oriented, with trade regulated free trade agreements (FTAs) with 40 countries, including the EU, Japan, Israel Union and several countries in Central America and South America economy . The most influential FTA is the North American Free Trade Agreement (NAFTA), signed in 1992 by the governments of the United States, Canada and Mexico, which came into force in 1994. In 2006, trade between Mexico and its North American partners represented about 90% of its exports and 55% of its importaciones.22 According to the Forbes Global 2000 list of largest companies in the world in 2008, Mexico had 16 companies in the lista.23
The investment summit in Mexico (Mexico Investment Summit) 24 happens in Mexico City covering the opportunities and challenges of development and investment by private capital, venture capital, infrastructure, real estate, agriculture, tourism, energy and resources naturales25 evolucionándose in Mexico's economy. During 2012 the amount of foreign direct investment (FDI) shrank by 34.9 percent compared to the figure reported in the same period of 2011.