Since before the 2006 election of President Felipe Calderon, Elba Esther Gordillo has been someone who could wag a finger and move Mexico’s most powerful politicians into line. These include former President Calderon himself. Gordillo is head of the Mexican teachers union, the largest union in Latin America at 1.4 million members. Historically a member […]
Latin America’s two largest economies started 2011 on different notes. Mexico’s growth was set to ring up about 4 percent, with drug violence clipping about a point off growth, according to BBVA Bancomer, and reliance on a weakening U.S. economy wielding another discount. In April, auto production, a key industry in Mexico, experienced a […]
“Every day along the world’s busiest border, an expensive and time-consuming pantomime is acted out.” So begins the Economist’s coverage of the trucking agreement recently announced between Mexico and the United States. From that smart opening line the paper slips into an uncharacteristic fit of naïveté, arguing that Mexico stands to chalk major gains from […]
Maquiladora factories symbolize Mexico’s economic integration with the United States. While lower wages in China lured away many clothing, toy and TV outfits, today a manufacturing revival is evident in Mexico. Factories are humming at full tilt; some are expanding operations. This news carries two surprises. First, Mexican manufacturing is rebounding ahead of growth and […]