Prosperity Plan

Some Highlights

Staff Report

     Some company leaders blame the organization’s lack of growth on outside events. They claim that the competition, the economy, their clients, and even their employees did or did not do something that made the goal fall short. Others blame their own goal-setting strategies.

       The White House recently released the text of the action plan for the U.S.-Mexico Partnership for Prosperity, which outlines a number of steps that the two countries can pursue in order to increase economic and labor opportunities in less developed areas of Mexico .

      The action plan was issued at the conclusion of the March 18-22 United Nations Conference on Financing for Development, which took place in Monterrey , México.

      The following are some of the highlights:

Expanding access to capital

      A substantial portion of capital has traditionally flowed to just a handful of regions. For example, 95 percent of all foreign direct investment channeled into Mexico in the second half of the 1990s was funneled to just nine states (mostly along the U.S.-Mexican border), and the Federal District. The remainder was spread among the other 22 states. A primary goal of the Partnership is to remove obstacles that prevent capital from flowing freely to all parts of Mexico , particularly those areas that are...

...Continued in the pages of Twin Plant News, Subscribe Today!