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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsIn Middle of Mexico, a Middle Class Rises
Here.and Here.
A decade ago, Ivan Zamora, 23, might have already left for the United States. Instead, he graduated in May from a gleaming new university here, then moved on to an engineering internship at one of the many multinational companies just beyond the campus gates.
...
Education. More sophisticated work. Higher pay. This is the development formula Mexico has been seeking for decades. But after the free-market wave of the 1990s failed to produce much more than low-skilled factory work, Mexico is finally attracting the higher-end industries that experts say could lead to lasting prosperity. Here, in a mostly poor state long known as one of the countrys main sources of illegal immigrants to the United States, a new Mexico has begun to emerge.
Dozens of foreign companies are investing, filling in new industrial parks along the highways. Middle-class housing is popping up in former watermelon fields, and new universities are waving in classes of students eager to study engineering, aeronautics and biotechnology, signaling a growing confidence in Mexicos economic future and what many see as the imported meritocracy of international business. In a country where connections and corruption are still common tools of enrichment, many people here are beginning to believe they can get ahead through study and hard work.
...
But on a smaller scale in Guanajuato, individual success is creating a sense of possibility. Some of Mr. Zamoras friends are studying German, too, hoping to land work at Volkswagen, and a similar sense of momentum pervades the polytechnic, where students in pristine industrial labs, like Javier Eduardo Luna Zapata, 24, have begun to dream of more than work at an auto plant. He and a few classmates won a prestigious design award this year for a scanner that would check airport runways for debris. We want to start a company, he said, displaying a video of the project on his cellphone. Were going to look for investors when we graduate.
His classmates, representing a new generation of Mexicans mostly geeks in jeans carrying smartphones all nodded with approval.
Whereas we are investing $85 billion a month into banks that are now 30% bigger than they were before the financial crisis they caused, have foreclosed on nearly 10 million families and tossed them into the street after they financed houses at the government's urging, have a president who wants to cut social security which will throw more of our most vulnerable into poverty while supporting the assets of one Mi$$ RobMe, watching as a student loan debt over $1 trillion crushes the life out of the potential future of many students, and creating crappy web sites..
If this were a race we might well expect to run into Mexico in the middle of the track, coming from the other direction.
I'm happy for them, and to be fair this is a limited area of their country. But damn.
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In Middle of Mexico, a Middle Class Rises (Original Post)
jtuck004
Nov 2013
OP
Warpy
(111,359 posts)1. They're now running adverts on cable about the Mexican car industry
I suppose they're hoping to attract debt ridden new engineering grads south. If I were one, I'd go.
I see no indication the PTB are going to start investing in this country. It's my home and always will be but yeah, I'd leave.
Laelth
(32,017 posts)3. k&r for exposure. n/t
-Laelth