Is Economic Boom Trickling Down to All Mexicans? Phillippe Diederich - VOXXI
go to original March 25, 2013

By all accounts the Mexican economy is booming. Earlier this month Time Magazine said Mexico’s “GDP expanded almost 4 percent in 2011 and 2012. Investment is booming and the middle class is enlarging.”

And now with President Enrique Peña Nieto working to break down some old barriers like overhauling public education and privatizing the government run oil giant Pemex, Mexicans are bracing for what might come next. And foreign corporations are salivating, ready to pounce as Mexico becomes the new China.

All of this despite dire poverty, the disenfranchisement of the rural poor, and continued drug related crime that leaves at least a thousand dead per month. Corruption and impunity continue to plague the country. Is any of this economic good news trickling down to all Mexicans, including the urban poor in metropolitan areas like Mexico City, Monterrey and Guadalajara, and the millions of peasants who live in rural areas?

Read the rest at VOXXI

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