Mexico Economy Quotes

Mexico has very solid financial institutions, with good levels of capitalism, but they’re not lending much.

Average real wages in Mexican manufacturing are lower than they were 10 years ago, if you can believe that.

Mexico is a market economy, but we should have better markets.

If we don't make sure that Mexico can offer potential investors more input, they'll stop coming to Mexico. They'll go to the United States or other places where it is more economically viable to carry out their projects.

Since NAFTA was put in place, Mexico has lost 1.9 million jobs and most Mexicans' real wages have fallen.

Over the last three decades, Mexico has made the transition from a commodity and agricultural-based economy to one dominated by manufacturing and services.

If what is on the table is something that is not good for Mexico, Mexico will step away from NAFTA.

I should say many things. Mexico has been one of the losers of the 20th century. We tried many different alternatives to development and unfortunately we have 40 percent of the population poor; we have a per capita income that is extremely low.

This has been a huge problem for a very long period of time that we have, that Mexico's economy and Mexico's socialist orientation makes it so that people want to come to the United States in such numbers. I wish that we could figure out a way to do this in a legal fashion because I believe in the Latino culture.

For too long, government officials have tinkered with Mexico's economic structure through piecemeal reforms that seek to ensure political stability but that do not address the key obstacles to greater innovation and competitiveness.

The level of credit in Mexico has shown to be low. And where credit concentrates the most favors large corporations and not companies.

Mexico is the only country in the world that has a trade agreement with United States and Canada, and at the same time has one with Europe. These are the two largest markets in the world. By the same token, Mexico has one of the most open economies.

When the value of silver began to decrease, provident governments in other countries very wisely took measures to stop the minting of silver coins. The Mexican Government did not show any interest in the matter for more than twenty years, during which time foreign miners freely brought their silver bullion to the mints to have it coined; and with the money thus obtained they bought up all the gold coins in Mexico and exported them, with profit to themselves and loss to Mexico.