Recent columnist articles
Severance pay for workers in Mexico
In Canada and the United States, it is fairly straightforward to downsize our employee base during a downturn in the economy. Employees have unemployment insurance to cushion the change. But in Mexico, the law protects the worker.
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Reducing labour cost in a Mexican LLC
Why focus on a labour savings in a country where the labour cost is so low?
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Growing pains: New factory construction in Mexico
We had a lot of new business coming in and no room left. It was time to build our second facility in Mexico. After a lengthy negotiation, we purchased a good piece of property on fairly level ground. I...
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Bad news : Seeking concrete solutions to a cultural attitude
I found that the reluctance to communicate bad news was not a trait of our Mexican employees alone, but I did find that it was more prevalent there.
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A personal experience with union negotiations in Mexico
Our manufacturing operation in Mexico was in trouble and we had to make a lot of changes quickly to rescue the business...
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Mexico Economic Updates September 2006
Rapid GDP growth According to the Finance Secretariat and the National Statistics Institute (INEGI), the nation's GDP rose 4.7% in the second quarter (compared to the equivalent period of 2005) to a re...
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Mexico Economic Updates August 2006
Despite calls from PRD candidate Andrés Manuel López Obrador and his supporters for a complete recount, it looks almost certain that the Federal Electoral Institute will confirm very shortly that the presidential election was won by PAN candidate Felipe Calderón Hinojosa. The new president will take office on December 1.
read moreMexico Economic Updates July 2006
This issue went to press just days before the July 2 federal elections. Watch this space for an updated paragraph in the middle of the month covering the basic results, together with some analysis of their implications for the economy.
read moreMexico Economic Updates May 2006
International Reserves The nation's foreign reserves stood at 68.678 billion dollars in mid-April, according to the Bank of Mexico, the nation's central bank. The reserves reached an all-time high of 6...
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Lloyd Mexico Economic Report February 2003
Table of Contents RISE IN MINIMUM WAGE CABINET RESHUFFLE RECORD FOREIGN RESERVES BONOS ADDED TO GOVERNMENT BOND INDEX DOLPHIN-SAFE TUNA ACAPULCO TOURIST TIANGUIS HIGHWAY UPGRADES LAZARO CARDENAS CONTAI...
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