Analyzing Political Corruption And Its Effects On The...

Analyzing Political Corruption and its Effects on the Mexican Economy Gyadisha Sulvaran Palm Beach State College Macroeconomics Warren Smith 4th of April 2014 Abstract For macroeconomics, we were given an assignment to examine and analyze the causes of the business cycle in foreign economies. We were divided into groups of 6 and were given the instructions to randomly select a continent. Our continent was North America. We had to choose between Canada and Mexico. The reason why we decided to choose Mexico is because of its economy trade with the US, their migration flow, the interesting influence on oil prices worldwide and the impact that the drug cartels have on Mexican politicians. Mexico is known for being one of the world’s most corrupt nations but somehow they still manage to have one of the best industrializing economies in Latin America. The causes for a country’s business cycle can be either endogenous or exogenous. Throughout this paper, the internal problem of political corruption will be analyzed and discussed in order to determine Mexico’s economic stage. Introduction Between 175 countries, Mexico is ranked as the 103rd most corrupt nation worldwide. Corruption has become the cancer of Mexico. Organized crimes and corruption are linked with each other and cannot operate without one another. There are witnesses who have seen state police pick up cocaine shipments and delivering them personally to the cartels. This linkage between cartels and theShow MoreRelatedEssay on Mexico Pest Analysis2157 Words   |  9 Pageshas resulted in recent years as one of the most promising emerging economics nevertheless the downturn occurred in 2009 under the influence of the crisis in the United States. In 2010 the economy has restarted its growth trend, which according to the forecast will bring the Country among the elites of world economy. 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