Over the past years Mexico had faced some economical problems. Being the external debt, the low export, the world economical crisis and the biggest challenge has been to get rid of the drug cartels, spending from 1.5% of GDP to 5%”. The now president of the Mexican Republic, Enrique Peña Nieto, started a set of reforms to helped improved the country economy, but they weren´t well accepted by the people.
The new reforms that were established in the first 20 months of President Peña’s administration, were a controversy, because the IVA would get up and the most important disagreement was that now foreign companies could come to invest in Mexico´s oil resources. This statement made many people angry, because as known the mayor economic activity for the country is the oil production, they said that it was rather more productive to invest in that field to have more production, than letting other companies pay for using the resources.
The refroms weren’t well accepted. People in Mexico tend to be more insecure when a big change happens, this reforms were a good opportunity for the country grow in all aspects. They have been slow results, but the data shows that they are coming. If this changes would had happen in other country the population would had accepted them happily, in Mexico history has thought that trusting in the government is not a good idea.
Mexico economy has historical depend on the oil field, but in the recent years exporting, manufacturing and the foreign companies invests had helped the country economy. Mexico open market is growing, this had been happening thanks to the trade agreements with the countries. Other important economic field grow is the touristic one. The government is now investing in the beaches and touristic places of the country, this field is also bringing job opportunities and as facts show Mexico is a very tourist place.