In an increasingly competitive global market, how can Mexico bolster its economy and strengthen its competitive advantages through pro-human innovation?
In this publication for the Mexico Institute, Richard Wells Viesca, Alvaro de Garay, and Miguel Angel Valenzuela explore how Mexico can seize the opportunities that nearshoring presents and build an inclusive and sustainable economy. In order to achieve this, they argue that Mexico must address its existing problems of low productivity, labor informality, extreme inequality, regional disparities, and environmental degradation. This will mean an overhaul of the status quo in Mexico's private sector, which currently invests little in innovation and is increasingly dependent upon global value chains.
About the Authors
Mexico Institute
The Mexico Institute seeks to improve understanding, communication, and cooperation between Mexico and the United States by promoting original research, encouraging public discussion, and proposing policy options for enhancing the bilateral relationship. A binational Advisory Board, chaired by Luis Téllez and Earl Anthony Wayne, oversees the work of the Mexico Institute. Read more
