Tuesday, January 05, 2016

Corruption is still “problema numero uno” in Mexico

Let me paraphrase Mark Twain.   He once said that everyone talks about the weather but does nothing about it.
Twain could have speaking about corruption in Mexico.    In other words, everyone talks about corruption in Mexico but no one does anything about it.
Alfredo Corchado of The Dallas Morning News reported about corruption in his latest post from Mexico:
Mexico isn’t falling apart. The economy is humming along, expected to grow by 3 percent in 2016. Foreign investment keeps trickling in. Gas prices are expected to fall in January, something unheard of here, and even phone bills are declining, thanks in part to the growing presence of Dallas-based AT&T.But for a country with one of the biggest economies — 15th in the world — Mexico’s deep-rooted corruption continues to limit the nation’s vast potential, including the energy sector and its largely undeveloped assets along the Texas border.Strengthening the country’s weak rule of law will be key in 2016 and beyond, analysts say.
Corruption is like  a bad personal habit.   It is hard to break and has all kinds of consequences in the country, from the rule of law to employee productivity.
Let’s hope that Mexico can clean up its corruption problem.   It will make Mexico into an international power house.

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