In: Economics
A very good comprehensive analysis of technological and legal competitiveness of the countries is published yearly by the world economic forum. Discuss the position of Mexico vs Latin America in the most relevant categories. (data set is posted in Canvas). Read: “13 facts about Mexico’s growing technology scene.”
Mexico is a country in Central America and is considered as a part of Latin American nations. this nation has progressed in many areas as compared to other Latin nations as they are still facing basic facilities in their nations. Mexico has many reasons for this development. some of them are like.
different areas | Mexico | other Latin nations |
size of land or area | Mexico is the largest nation in Central America and touches both pacific and Atlantic oceans, that provides a huge opportunity to this nation for trade and connectivity | most of the nations are small and are deepened on the bigger nation for trade and connectivity. |
technology and economic advancement. | As per the world economic forum, Mexico will be one of the superpowers on the world in the near future. this nation achieves great technical and economic freedom through its connectivity. | The Latin nations are also showing new achievements. but still, lack of infrastructure, medical facilities, and poor educational system hinders the greatness for these nations |
modernization in sectors like self-sufficiency, industries and international relations |
Mexico's governance getting modernize. industrial hubs have open. more air connectivity has provided and peace in the region along with trade with the neighbor nations provide huge say for Mexico. this positive influence, provide a great opportunity for expanding the influence in the world | The Latin nation has a good opportunity to flourish. lack of technical progression and other hinders like poor relevance in the region does not make these nations much attractive. soft power is the open current option that can help these nations to get connected with the world. |