Adam's Apple
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- Apr 25, 2004
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Mexico's Right Step Forward?
By Linda Chavez, The Washington Times
July 8, 2006
If Mexico were ever to rid itself of the rampant corruption and bureaucracy that stifles its economy, the most enterprising poor Mexicans might decide they don't need to abandon their own country to better their lives. Free trade agreements with the United States, Canada and some 40 nations have created some opportunities in recent years, but not nearly enough.
The country's economy is growing about 3 percent a year -- a respectable rate for an already prosperous nation, but not good enough for one that has yet to achieve that status. India, for example had a gross domestic product growth rate of 7.6 percent in 2005, while China's economy grew at almost 10 percent, and Vietnam had a growth rate of 8.4 percent.
Nonetheless, a vote by the Mexican people to continue on the path to a more free-market-oriented economy is a welcome sign Mexico may solve its own problems rather than relying on the escape valve that immigration, legal and illegal, has represented for decades.
With so many Latin American countries veering left in the last few years, the Mexican election was especially important. The last thing the United States needs right now is a hostile neighbor to our south, especially one whose economic fortune has the potential to so adversely affect our own. Were Mexico's economy to collapse, there would be no wall high enough to stop a flood of desperate immigrants from fleeing north.
for full article:
http://www.washingtontimes.com/commentary/20060707-084205-3661r.htm
By Linda Chavez, The Washington Times
July 8, 2006
If Mexico were ever to rid itself of the rampant corruption and bureaucracy that stifles its economy, the most enterprising poor Mexicans might decide they don't need to abandon their own country to better their lives. Free trade agreements with the United States, Canada and some 40 nations have created some opportunities in recent years, but not nearly enough.
The country's economy is growing about 3 percent a year -- a respectable rate for an already prosperous nation, but not good enough for one that has yet to achieve that status. India, for example had a gross domestic product growth rate of 7.6 percent in 2005, while China's economy grew at almost 10 percent, and Vietnam had a growth rate of 8.4 percent.
Nonetheless, a vote by the Mexican people to continue on the path to a more free-market-oriented economy is a welcome sign Mexico may solve its own problems rather than relying on the escape valve that immigration, legal and illegal, has represented for decades.
With so many Latin American countries veering left in the last few years, the Mexican election was especially important. The last thing the United States needs right now is a hostile neighbor to our south, especially one whose economic fortune has the potential to so adversely affect our own. Were Mexico's economy to collapse, there would be no wall high enough to stop a flood of desperate immigrants from fleeing north.
for full article:
http://www.washingtontimes.com/commentary/20060707-084205-3661r.htm
