Mexico Economic Analysis

Paper Summary:

This paper explores Mexico's demographics and key economic statistics and activities to assess this country's current circumstances and to make predictions for its future prospects. The writer argues that while the recession is negatively impacting most countries, it's more important to understand if they are prepared to emerge as stronger economies when the recovery takes place. It states that indicators such as infrastructure, resources, and trade policies hold the answer to this question.

From the Paper:

"In 2002, Mexico's population totaled 103,400,165. At this time, the population growth rate was 1.47 percent and the birth rate was 22.36 births/1,000. The majority of Mexicans, 62.7 percent, are between the ages of 15-64 (male 17,310,230, female 16,630,935). Approximately 32.8% are 0-14 years old (male 31,552,877, female 33,246,668), and only 4.5% are 65 years and over (male 2,069,826, female 2,589,629). According to the U.S. Department of State, almost 70% of the population lives in urban areas in 2000. Because of the lack of job opportunities, many Mexicans have emigrated from rural areas such as the underdeveloped southern states and the crowded central plateau to either more industrialized urban centers or developing areas along the U.S.-Mexico border. Mexico City's population is a huge problem, with more than 18 million residents, making it the largest concentration of population in the Western Hemisphere. Rural population density was estimated to be 98 people per square kilometer in 1997. "

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