The country is taking steps to make room for the next generation of professionals — but needs investment and stability in its relationship with the United States to capitalize on opportunity
Yeah, Mexico needs a lot more than tech investment, they need:
functioning law enforcement - bribing officers is very much a thing pretty much everywhere
safe highways - high robbery is very much a thing, and it’s highly recommended to hire local drivers who know which roads are safer
crush the cartels
High tech investment needs law and order, and that’s not consistent in Mexico. Fix that and maybe people will stop fleeing the country. Education is important too, but the country first needs to be a place foreigners feel comfortable relocating to, because that will be necessary to set up shop.
They do not need to do this. All they need to do is legalize all drugs and the “evil” cartels will turn into enterprises.
The war on drugs has been going on for over fifty years with no resolution in sight and not much to show for it except wasted tax payer money. A radically different approach is perhaps warranted.
The US needs to legalize drugs, if they don’t, there will continue to be a market and cartels will serve that market. That’s not something Mexico can control, so the next best option is to drive them out of Mexico.
Have you been to Mexico City or (even more so) Guadalajara since the Pandemic? Multinational techs are investing and building up campuses like crazy. Reminds me of the go-go years of Bangalore in the 2000’s.
Mexico has a real possibility of moving up the value chain and gobbling up all the good stuff Trump is pushing away from the USA
I haven’t, but I do know Mexico City has been getting a fair amount of investment. That said, I have a friend who has gone back, and there are still the same law enforcement issues in the surrounding area.
Yeah, Mexico needs a lot more than tech investment, they need:
High tech investment needs law and order, and that’s not consistent in Mexico. Fix that and maybe people will stop fleeing the country. Education is important too, but the country first needs to be a place foreigners feel comfortable relocating to, because that will be necessary to set up shop.
They do not need to do this. All they need to do is legalize all drugs and the “evil” cartels will turn into enterprises.
The war on drugs has been going on for over fifty years with no resolution in sight and not much to show for it except wasted tax payer money. A radically different approach is perhaps warranted.
The US needs to legalize drugs, if they don’t, there will continue to be a market and cartels will serve that market. That’s not something Mexico can control, so the next best option is to drive them out of Mexico.
Have you been to Mexico City or (even more so) Guadalajara since the Pandemic? Multinational techs are investing and building up campuses like crazy. Reminds me of the go-go years of Bangalore in the 2000’s.
Mexico has a real possibility of moving up the value chain and gobbling up all the good stuff Trump is pushing away from the USA
I haven’t, but I do know Mexico City has been getting a fair amount of investment. That said, I have a friend who has gone back, and there are still the same law enforcement issues in the surrounding area.