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Emerging Marketing - Essay Example
Author : brookschristian
Pages 8 (2008 words)
Emerging Markets; Mexico Introduction Emerging markets are countries that are changing their economies to market-oriented economy. These countries have many trade opportunities for both imports and exports; high tech technology transfers and attracts a lot of investors thereby encouraging more foreign direct investment to the country…
The emerging markets' countries are rapidly growing economically and are characterized by fast growth in infrastructure, manufacturing industries, general industries and have matured politically and socially. These factors have been the key movers of the economy. However, these countries are also facing certain challenges. Some of these challenges pose great risks and may discourage investors and laborers if they are not well addressed. Emerging countries have been trying their best to address these challenges in different ways. No wonder there is a great influx of people of all walks of life to Mexico every year (Li, n.d). This paper will analyze Mexico as an emerging market, opportunities and challenges faced. Global Overview Mexico is the 14th largest country by total land area and the 11th most populous country in the world today. It is made up of 31 states and one federal district with Mexico City as the capital, housing most important administrative and legislative offices. The city is among the largest in the world with a population of ore than 20 million people. Mexico has an interesting history. It had many ancient civilizations, including Maya, Aztec, Olmec, Zapotec, African, Toltec, Inca, French and Spanish. ...