Healing does not mean that the damage never existed. Healing means that what once hurt no longer controls your life.
Mexico has always been classified as the Giant of the North for the nations of the Caribbean and many of South America, however, despite being the second most populous country in Latin America (Brazil 220 million inhabitants and Mexico 130), we are not the nation with the best quality of life (health, education, security, employment, communications, etc.). As a start in figures, our economy “fell” more than others with (-) 8.5% during the year 2020 and this year it will only recover 5.5% approx. and the estimate is that this economy will take its level from 2018 until the end of the year 2023. The outflow of capital from the country and the decline in productive investments greatly influence.
As a start, I show figures from INEGI and expectations from the BANXICO survey of December 2021, which shows the average annual growth per six-year period:
CHAIRMAN’S SIXTH ANNUAL GROWTH P.
1982-1988 MMH 0.58%
1988-1994 CSG 4.18%
1994-2000 EZPL 2.97%
2000-2006 VFQ 2.02%
2006-2012 FCH 1.77 %
2012-2018 EPN 2.23 %
2018-2024 AMLO 0.54 %
In a graphic table implemented with survey data from November 2020 to December 2021, the most important causes that hinder economic growth in Mexico are defined, which are: 50% governance, 22% internal economic conditions, 18% inflation , 8% external conditions, 4% public finances and 2% monetary policy. The United Nations indicates that the economy of Latin America and the Caribbean will grow by 6.4% during this year 2021, and there will be a slowdown in 2022 to 2.9%. The economic decline in this region during 2020 was (-) 6.8% according to the Economic Commission for Latin America and the Caribbean (ECLAC). This study indicates that female labor participation decreased by 49%. Likewise, ECLAC proposes directing productive investment towards sectors that promote a new form of development and thus enhance competitiveness and employment, all with the certainty of a rule of law and a new fiscal policy that guarantees it.
During the decade from 2000 to 2010, this region experienced the highest economic growth in the last 40 years and with it the middle class population rose by more than a third (70% of this change occurred in Brazil, Mexico and Argentina ) and for the first time, this sector represented 29% of the total population, being very close to the percentage of poverty in the region (31%). Of the 42 countries and territories that make up this region, only Chile, Mexico, Argentina and Brazil participate in the OECD and the G-20.
The expected growth for the 6 most important economies in Latin America will be as follows: Chile with 11%, Brazil 5.2%, Peru projects 10%, Colombia 7.6%, Argentina with 7.5% and Mexico 5.5% (International Monetary Fund). Within these conditions and the uncertainty of the new COVID (OMICRON), the next 2022 will be a very sensitive point for the Latin American economy. Venezuela will have a growth of (-) 5% for this year, after having a fall of 26% in 2020. Cuba will grow by 2.2% after a decrease of (-) 8.5% during 2020.
PS I WISH YOU THE BEST FOR EVERYONE IN THESE CHRISTMAS HOLIDAYS AND MAY THE FAMILY STRENGTHEN IN LOVE AND UNION. TO BE HONEST.
CONSUME THE MADE IN MEXICO AND YOU WILL BE GIVING WORK TO MEXICANS.
MEXICO IS FIRST! December 2021.
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