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When we hear discussions or read articles about drug wars, killings, and illegal immigration into the United States, many of us immediately think of Mexico. As a nation, Mexico is a much greater country than these commonly referred to issues. Mexico is a country with a broad history, deep family culture, and an economy fueled by oil and tourism. The United States Department of State (USDS) offers a broad range of information on countries outside the US, including Mexico. I found a wealth of information about Mexico through the USDS Background Note provided on their website located at www.state.gov. I will outline for you the key information found in this report, and others, related to the Mexican economy, culture, and more. The economy of Mexico is vastly diverse, much like that of the United States. Mexico has many different sources of economic revenue including tourism, oil, agriculture, and the automobile industry. The USDS website reports the percentage breakdown of Mexico’s gross domestic product (GDP), with the largest portion (61%) coming from the service sector. The site defines the service sector as commerce and tourism, financial services, transportation and communications. In 2010, Mexico attracted 21.3 million tourists, making it the 10th most visited destination in the world. The remaining portion of GDP is broken down between industry and agriculture. Industry accounts for (31%) of GDP and is defined as a combination of food and beverage, tobacco, chemicals, iron and steel, and others. The remaining 5% of GDP comes from agriculture, with the top three crops being corn, wheat, and soybeans. Mexico also has a variety of natural resources including petroleum, silver, copper, and gold, which is included under... ... middle of paper ... ...rce in the globalized economy. Works Cited United States Department of State. (2011). Background Note: Mexico. Retrieved from : http://www.state.gov/r/pa/ei/bgn/35749.htm Geert Hofstede, Culture’s Consequences: Comparing Values, Behaviors, Institutions, and Organizations Across Nations. Second Edition, Thousand Oaks CA: Sage Publications, 2001 Geert Hofstede, Gert Jan Hofstede and Michael Minkov, Cultures and Organizations: Software of the Mind. Revised and Expanded 3rd Edition. McGraw-Hill 2010. Unknown. Unknown. Remittances. Dictionary.com. Retrieved from: http://dictionary.reference.com/browse/remittances?s=t Kehoe, Timothy J. (November 2010). Why Economic Reforms Have Not Generated Economic Growth in Mexico. Kim J. Ruhl Department of Economics, NYU Stern School of Business. Retrieved from http://www.kimjruhl.com/storage/data/KehoeRuhlJEL.pdf
Mexican Lives is a rare piece of literature that accounts for the human struggle of an underdeveloped nation, which is kept impoverished in order to create wealth for that of another nation, the United States. The reader is shown that the act of globalization and inclusion in the world’s economies, more directly the United States, is not always beneficial to all parties involved. The data and interviews, which Hellman has put forth for her readers, contain some aspect of negativity that has impacted their lives by their nation’s choice to intertwine their economy with that of the United States. Therefore it can only be concluded that the entering into world markets, that of Mexico into the United States, does not always bring on positive outcomes. Thus, one sees that Mexico has become this wasteland of economic excrement; as a result it has become inherently reliant on the United States.
Kurian, George Thomas, ed. "Mexico: Economy." World Geography and Culture Online. Facts On File, Inc. Web. 13 May 2014. .
Geert Hofstede performed the most lauded research on The Dimensions of Culture theory. His findings and the model that he created were outlined in his 1980 book “Cultures Consequences.” The work was met with both acclaim and disregard from fellow academics. Hofstede’s work is generally quoted and cited without any hesitation even today and his model is still widely used the main guideline for dealing with human resources from a cultural perspective.
Mexican Border Problems The U.S.-Mexico border region is one of the most dynamic in the world. It extends more than 3,100 kilometers (2,000 miles) from the Gulf of Mexico to the Pacific Ocean, and 100 kilometers (62.5 miles) on each side of the international border and is marked by high concrete fences in the west and a broad shallow river in the east when it reaches Texas. The region includes large deserts, numerous mountain ranges, rivers, wetlands, large estuaries, and shared aquifers. While its people share natural resources like water and air, the border region is characterized by many social, economic, and political contrasts. There is the single biggest and most dangerous problem facing America: violence from illegal immigrants, smugglers and drug runners along
Hofstede, G. (1980). Culture's Consequences: International Differences in Work-Related Values. Beverly Hills, CA: Sage Publications.
Mexico is a country that is led by a federation government which is democratic, representative, and republican based on presidential system since Constitution of 1917. The constitution has government in three levels: federal Union, state, and municipal governments. Officials at three levels are elected by voters. Mexico is fifth largest country in Americas and most populous country in world that speaks Spanish. Mexico is currently in a transformation to help the country grow both economically and politically with the current president taking extreme steps to move ahead.
Business in Mexico Bienvenido a México! Welcome to Mexico, the first of what one would hope to be many greetings upon entering Mexico. With Mexico's population fast approaching the 100 million mark, "North Americans, what Mexicans refer to people from the United States" (Nicol, 2003) the lower labor rates and the strength of the American dollar against the peso over the last several years has created an influx of US manufacturing businesses into Mexico.... ... middle of paper ...
Mexico is the top trading nation in Latin America and the ninth-largest economy in the world. No country has signed more free trade agreements – 33 in all, including the two biggest markets in the world, the US and the EU. Altogether these signatory countries make up a preferential market of over more than billion consumers. Much of the FDI in Mexico is attracted by the country’s strategic location within the North American Free Trade Agreement, which has positioned it as a springboard to the US and Canada. Other attractions are competitive production costs and a young, skilled workforce, together with political stability and an open economy.
Cunningham, Lawrence S., and John J. . Reich. Culture and Values. 7th ed. Vol. 1. Belmont, CA: Thomson/Wadsworth, 2006. Print.
Money for both countries are completely different. Mexican money is called Pesos. At this moment a pesos is worth about six cents in American money. The money that is earned over in Mexico from a forty hour week job, compared to an eight hour job in the United States, is about earn the same as the minimum wage of an Illinoian. So that means that a Mexican is working forty hours just to earn about sixty-six dollars. The United States reference to their currency dollar bills. A dollar in Mexico is about sixteen pesos. Even though a dollar might not get much of value here it has a great value in Mexico which can go very far in the aspect of living a decent live.
...ad a monopoly within the country in the TV broadcasting field. Now there are new broadcasting group and many foreign satellite and cable operators. Mexico new aged technology has now made them ranked 12th in the world with 32 million users of the internet. Mexico’s Weather Analysis
The modernization of Mexico brought oppression to Mexico’s poor and riches to the Elite class. Diaz looked to the U.S. as a template of what he wanted to create for Mexico. What set Mexico and the U.S. apart was the Diaz tried to modernize Mexico without all of its citizens having the same objective. Diaz’s first action was to open up the country to foreign investment to develop Mexico’s vast resources, from the U.S. and other European countries. The U.S. had invested highly in mines and the oil reserves of Mexico, France set up large textile factories, and even the Germans had set up drug and Hardware industries in Mexico.[3] Diaz had established an economic boom by allowing foreign countries to develop Mexico. The economic boom brought the country to now have rail roads and silver...
O'Neill, Shannon K. "Mexico: Development and Democracy at a Crossroads." A Markets and Democracy Brief. Council on Foreign Relations, Feb. 2011. Web. 9 Jan. 2014.
Gallant, M. (2013, September 6). The Business of Culture: How Culture Affects Management Around the World. [Web log]. Retrieved from http://www.halogensoftware.com/blog/the-business-of-culture-how-culture-affects-management-around-the-world
According to Geert Hofstede (1983, p. 76), culture can be explained as the ‘collective programming of the mind’ and it influences how people think and how they act in different situations. This distinguishes members of one group or category from another. He argued that people are mentally programmed and that it influences the lifestyles, attitudes and norms of people and their belonging in particular groups (Hofstede 1983, p. 76). Another definition of culture is that it explains the different way in which people of different populations perceive values, norms, attitudes and roles in society. By gaining an understanding of the differences that separates a culture from another and gaining knowledge on how cultures operate on a daily basis, conflicts and misunderstandings can easily be avoided (He & Liu 2010, p. 2).