Goshen News, Goshen, IN

Business

January 2, 2014

NAFTA hasn't closed Mexico's wage gap

MEXICO CITY — Looking around a Mexico dotted by Starbucks, Wal-Mart and Krispy Kreme outlets, it’s hard to remember the country before the North American Free Trade Agreement, which has dramatically expanded consumer choice and trade since it took effect 20 years ago on Jan. 1.

While it changed the country in some fundamental ways, the treaty never met many of its sweeping promises to close Mexico’s wage gap with the United States, boost job growth, fight poverty and protect the environment. Mexico’s weak unions and competition from Asia and Central America kept wages down; the tightening of security along the U.S. border closed off Mexico’s immigration “escape valve,” and environmental provisions in the agreement proved less powerful than those protecting investors.

Mexico took advantage of the accord with the United States and Canada in some areas. The auto, electronics and agriculture sectors grew, and foreign banks moved in, increasing access to credit, but a majority of Mexicans saw little benefit in income. While there is undoubtedly a larger middle class today, Mexico is the only major Latin American country where poverty also has grown in recent years.

According the Economic Commission for Latin America, poverty fell from 48.4 percent in 1990 to 27.9 percent in 2013 for all of Latin America. In Mexico, where it stood at 52.4 percent in 1994, the poverty rate dropped to as low as 42.7 percent in 2006; but by 2012, it had risen again to 51.3 percent.

“About 30 or 40 percent of what they promised (in the trade pact) never came through,” said Rodolfo Hurtado Corona, 65, a chauffeur waiting for his boss on a Mexico City street. Still, motioning to the gleaming sport utility vehicle he drives for his boss, he noted that “before, there were only a couple of brands, now you can choose among many.”

Economist Alfredo Coutino, director for Latin America at Moody’s Analytics, says “the benefits arrived, but perhaps not of the magnitude that had been hoped for.” He notes that “if this agreement had not been signed, Mexico would have been in a much worse situation than it has been over the last 20 years.”

Text Only
Business
  • Amazon Kindle Service [Duplicate] Amazon unlimited e-book service is limited NEW YORK — Amazon’s new “unlimited” e-book service lets you read 600,000 books. That sounds like more than you’ll ever read, but I found myself struggling to find the books I wanted. It turns out that the library of 600,000 is bit like a small bookst

    July 21, 2014 1 Photo

  • BIZ GN140720 blue barn berry farm image 01 New berry farm also offers classes, treats SYRACUSE — A retirement hobby has grown into a new agriculture-based business for a local family.Don and Peggy Bucher and Shanda and Chris Sheeren are members of a farm family who operate Bucher Farms along N. 300 East. According to Shanda, her mothe

    July 20, 2014 2 Photos

  • BIZ GN140720 mike gingerich column image Online marketing methods to grow sales Growing sales through selling online is a powerful way to reach more people and extend your market.To sell online means getting in front of the right people in the right places. You want much more of a laser focus than a scattershot approach. It also

    July 20, 2014 1 Photo

  • Local job numbers up, but so is jobless rate A growing number of people looking for work in Elkhart County has boosted the unemployment rate despite an increase in the number of jobs.According to the Indiana Department of Workforce Development, Elkhart County’s jobless rate was 5.6 percent in J

    July 19, 2014

  • Microsoft-Goodbye Android-3 [Duplicate] Axed Nokia X phones suffered from lack of identity NEW YORK — The Nokia X phones that Microsoft discontinued this week blend two rival operating systems, but leave out the best of each.As a result, the devices didn’t become a runaway hit as Nokia’s low-cost answer to serving emerging markets.Nokia X

    July 18, 2014 2 Photos

  • Obama opens Eastern Seaboard to oil search ST. AUGUSTINE BEACH, Fla. — Opening the Eastern Seaboard to offshore oil exploration for the first time in decades, the Obama administration on Friday approved the use of sonic cannons to discover deposits under the ocean floor by shooting sound wave

    July 18, 2014

  • Planners limit use of Hawks building GOSHEN — The types of businesses that could potentially be located in the recently refurbished Hawks building in downtown Goshen could be limited if a ruling by the Goshen Plan Commission Tuesday holds up. During Tuesday’s meeting, commission members

    July 15, 2014

  • BIZ GN140714 commodore image Commodore adds space, jobs GOSHEN — The Commodore Corp., which operates Commodore Homes of Indiana, a producer of modular and manufactured housing, has completed and is now operating a 17,400-square-foot plant expansion and renovation.Commodore has also broken ground on the ne

    July 14, 2014 1 Photo

  • BIZ GN0713 tech talk with mike column image 02 Online marketing methods to grow sales Growing sales through selling online is a powerful way to reach more people and extend your market.To sell online means getting in front of the right people in the right places. You want much more of a laser focus than a scattershot approach. It also

    July 13, 2014 2 Photos

  • BIZ GN0714 DIY coffee 01 BEANS AND BREWS GOSHEN — Do-it-yourself beer, wine and coffee enthusiasts located in the Goshen area now have their very own one-stop supply shop with the opening of the new downtown specialty store DIY Coffee and Ale Supply.Located at 114 E. Washington St. next to

    July 13, 2014 2 Photos

Parade
Magazine

Click HERE to read all your Parade favorites including Hollywood Wire, Celebrity interviews and photo galleries, Food recipes and cooking tips, Games and lots more.
AP Video
Judge Ponders Overturning Colo. Gay Marriage Ban Airlines Halt Travel to Israel Amid Violence NYPD Chief Calls for 'use of Force' Retraining VA Nominee McDonald Goes Before Congress Bush: Don't Worry, Sugarland Isn't Breaking Up US Official: Most Migrant Children to Be Removed Police Probing Brooklyn Bridge Flag Switch CDC Head Concerned About a Post-antibiotic Era Raw: First Lady Says `Drink Up' More Water Courts Conflicted Over Healthcare Law Holder Urges Bipartisanship on Immigration Raw: Truck, Train Crash Leads to Fireball US Airlines Cancel Israel Flights Obama Signs Workforce Training Law Crash Victims' Remains Reach Ukraine-held City Diplomatic Push Intensifies to End War in Gaza Cat Fans Lap Up Feline Film Festival Michigan Plant's Goal: Flower and Die Veteran Creates Job During High Unemployment
Poll

Last weekend (July 12) the Goshen Parks Department held its Kid’s Try-athlon to promote childhood fitness and this week (July 18) the new bicycle trail is open to the fairgrounds in Goshen, offering residents a healthy way to get to the annual agriculture exposition. Have you joined the local fitness movement?

Yes, I work at eating healthy and exercising
No, I am happy with my fitness level
Changing my diet and exercise frequency is a work in progress
     View Results