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Sociology of Developing Countries

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Submitted By caro1216
Words 896
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CAROLINA GARCIA
SOC300 Sociology of Developing Countries
DATE: 04-28-05

The Mexican Development

I. INTRODUCTION

During the last decade Mexico's economic performance has been positive. In 2001 Mexico became Latin America’s largest economy according to the IMF. The implementation of economic policies have strengthened Mexico's fundamentals and increased its resilience to external shocks. Due to the GDP1 growth (25.7% percent higher than the Brazilian) Mexico is considered the fourth fastest growing economy among the 30 largest economies in the world and it is expect that the economy will growth 3% and soon It could become the first and that is why further lending needs to occur.
Mexico has also achieved political and social developments in the past 10 years. The administration of President Vicente Fox is an example of transparency and his government has fulfilled almost all of his commitments that he promised at the beginning of his campaign. Thru this easy we will mention some of the many of the projects that have changed Mexico’s history.

II. CONTENTS
I. Introduction ……………………………………………………
II. Contents ………………………………………………………
III. Economic Performance ………………………………………
IV. Economic Program. …………………………………………. a) Fiscal Policy ……………………………………… b) Exchange rate policy …………………………… c) Debt management ………………………………
V. Structural Reforms ……………………………………………… a) Private Sector involvement in the economy ……… b) Tax system …………………………………………… c) Trade and capital account Liberalization …………
VI. The Mexican economy in 2000 ………………………………
VII. Social Development …………………………………………
VIII. Political Development ……………………………………………
a) Carlos Salinas presidency ………………………………
b) Vicente Fox presidency …………………………………
IX. Conclusion ……………………………………………………

III. Economic Performance
During 1997 and 2000 Mexico's economic performance has been positive. The GDP from 1996-2005 grew at an average annual rate of 5.6% in real terms. First half of 1999 compared with 1998 grew by 2.5% and it was expected to growth 3% for the whole year (which did happened).
Mexican economy has had a very positive performance compared to other third world countries, registering a 4.8% GDP growth in real terms during 1998, and it made Mexico the fourth fastest growing economy among the 30 largest economies in the world. This good performance was the result of the domestic and external economic demand. Also unemployment has maintained its statistics down thanks to the creation of new jobs in the formal sector of the economy.
According to the Mexican Social Security Institute (IMSS) the workers registered by the end of 1999 increased by 432,531, which means that these new people got employee. The unemployed rate by the end of the year was 2.8%, which has been the lowest level since 1991.
IV. Economic Program
For the first time in Mexico’s story, in November of 1998, the Federal government presented to the Congress an economic strategy policy for a two-year period (1999-2000). The fiscal consolidation and the reduction of the inflation were the priorities. The public debt was managed also to reduce its financial costs, increased its maturity profile and avoid the accumulation of over payments. All these elements will help the stability of the macroeconomic and will show into higher growth rates. a) Fiscal Policy b) Exchange rate policy c) Debt management
V. Structural Reforms a) Private Sector involvement in the economy b) Tax system c) Trade and capital account Liberalization
VI. The Mexican economy in 2000
After the economic crisis in 1995 Mexico has strengthened his policies. The Mexican government is trying to avoid another crisis and it is making changes to its administrations. Mexico is pursuing a higher economy, trying to increase employment opportunities and improve the living of the Mexican people focusing in the poor population.
VII. Social Development
The government has developed several programs that include women and employment in the last 10 years. Some of those programs are:

Program for women: The program promotes services and social projects for the women who live in rural and urban areas and who have been marginalized. During the last 10 years those projects have focus in the improvement of community facilities, family nutrition and the creation of employment opportunities.

Agricultural Program: This program has been design by the Social Development department for the people who work in the agriculture and has been created specially for women in this area. The following projects are include in this program:
• Housing, sanitation, health and social security;
• Teaching of justice, education and training of migrant communities in their places of origin;
• Promote employment opportunities through different workshops

Educational, Health and Food program: This program is trying to give education access to everyone, especially to the areas where the drop out rates is higher and some of the help provided is thru scholarships.
VIII. Political Development
a) Carlos Salinas

b) Vicente Fox

The administration of President Vicente Fox is an example of transparency, his administration has involved the civil society and implement public policies, and also provide the creation of the National Institute of Women, another successfully project because it has gone far than anybody could’ve though about Fox’s government and fulfill his government commitments with regards to gender equality
IX. Conclusion

CITES

http://www.azc.uam.mx/publicaciones/etp/num5/a3.htm

http://www.cipe.org/publications/fs/ert/e14/mexico-4.htm

http://enet.iadb.org/idbdocswebservices/idbdocsInternet/IADBPublicDoc.aspx?docnum=320586

http://www.ilo.org

http://jama.ama-assn.org/cgi/content/abstract/291/21/2563

http://jherrerapena.tripod.com/politica1/desa.html

http://www.latinbusinesschronicle.com/statistics/gdp/ranking.htm

http://www.mexconnect.com/business/

http://www.sedesol.gob.mx/publicaciones/libros/01Cuadunion.pdf

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