Monday, May 21, 2012

For Today`s Market Smart Investors Buy in Mexico!

August 20, 2010 by  
Filed under New Media

Mexico is now in the best position to succeed (in every aspect) than it has been in the last 124 years.
Despite the challenging beginning, Calderón has proved himself an adroit politician and a deft consensus-builder, stating, “We will give accounts of every peso that citizens have given to the government. Transparency and accountability is the responsibility of every democratic government.” Calderón took office promising to build an economy that mitigates the need for millions of Mexicans to cross into the United States for work.

“Migration continues to divide our families… Mexico has all it needs to be a country that receives investment and generates employment for its people,” he said in his inaugural address, vowing to alleviate poverty by giving Mexicans “dignified work” and describing job creation as “the only effective path to fighting poverty.” Calderón called on his cabinet to encourage homegrown, small-and medium-sized businesses, saying Mexico’s internal market must be the “motor” of the economy.
Here are some of the milestones he has achieved in a little over a year.

“As a man who touts creating jobs as the cure-all for Mexico’s ills, President-elect Felipe Calderón couldn’t be taking office at a better time. The economy is projected to expand by as much as 4.8% by year’s end—its fastest growth in six years—thanks to exploding business in the construction, automobile and service industries. High oil prices have poured money into government coffers, the peso has remained stable, and Mexico is on track to create one million jobs this coming year.

“Mexico is one of the fastest growing economies in Latin America, having succeeded in maintaining high economic performance through the recent years of international financial volatility. It is addressing poverty reduction on a wide front, through fiscal, financial and administrative reforms, targeting societal issues in sectors such as health, rural development and employment generation.”

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