Post on 12-Aug-2015
MEXICANA brief explanation on how mexicans struggle with the economy.
By Christian Reich López, MBA.c
The purpose of this presentation is trying to picture to foreign people a perspective of how Mexico’s economy is like.
Poverty.
44.2% of the population lives in some kind of poverty, while 33.7% are consider extreme
poverty.
Source: UNICEF
Minimum wage.
The highest a worker can achieve:
$70.05 Pesos / $4.37 USD
FOR AN 8 HOUR LABOR SHIFT
Source: SAT
Wealth distribution
The GDP per capita is $10,307 USD per Year, however a lot of people earns minimum wage, it means that the variance of wealth is huge.
June 2015
Education
The public education spending represents 5.15% of GDP, however most of the resources don’t achieve its purpose.
Source: WolframAlpha
Education
In Mexico you can buy or inherit a teacher position, most of the time teachers don’t get the job because of their capacities but corruption.
Education
Teachers manifest against government because they don’t want to be assess, meanwhile millions of kids lacks education.
Education
Furthermore, public education is not satisfying demand, Mexico is a country with a lot of young people asking for opportunities.
Health
Mexico is the country with the highest obesity rate in the world.
Even though its population is very young.