4 Comments

What an interesting article. I think it combines very well with the diagnosis of Rosaura Ruiz and Claudia Sheinbaum's team that proposes a boost to higher education to sustain nearshoring. They have to establish a dialogue between the industry and the educational model so that they promote development and research.

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And hurry up to get it done within the next sexenio, since I am of the belief that the clock is ticking on this "Mexican Moment". Thank you for reading!

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Clearly Mexico's government is highly motivated to be the manufacturing partner for large industrialized nations like the U.S. - what is stopping it from making these more strategic adjustments? Lack of political will? Lack of awarenss (I doubt that)? Too much political attention in other realms (lack of "resources")? Lack of cooperation from the private sector?

In the U.S., it is difficult to get things done at the national political level because the party system there has devolved into name-calling, performative gestures, and spiteful lack of cooperation. Are there similar dynamics at play within the Mexican national political scene?

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I think a truly "interventionist" (to use a scary word) industrial policy. The government needs to actively pick industrial champions, not on the basis of national pride or history (read: Pemex) but on how much added value it can generate in Mexico. The US has actually been quite muscular regarding industrial policy: the CHIPS Act, the Green New Deal... these are titanic endeavours for a country not all that used to interventionism (though, of course, they pale next to China's industrial policy and Road and Belt Initiative).

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