Mexico Versus venezuela research paper Essay Example | Topics and Well Written Essays - 500 words - 1

Mexico Versus venezuela research paper - Essay Example Another economical problem is that most of the country’s commercial bank assets are by the financial institutions of the U.S. This shows that Mexico is solely dependent on their neighbors in the top. If the economy of U.S were to collapse then, Mexico is to experience a big economical problem of their history. Another big problem facing the economy of Mexico is the big existence of drug cartels in the country. Mexico has a reputation of being the hub of drug lords to the likes of Pablo Escobar, who controlled most of the Mexico. These drugs end up ruining the youth of the country hence not being able to discharge their duties bringing a stalemate to the economy. Drug cartels bring violence to the country hence discouraging investment from foreigners in the country. In addition, these drugs bring about money laundering and this as well becoming perilous for the economy of Mexico (Krugman, 25). However, the best economic policy to this issue is by surely investing in education, infrastructure, telecommunications, energy and agriculture. It is to protect the poorest if the U.S economy starts to slow down. The government has to come with a better way of taxing informal commerce with the financial system in order for a business to pay for public investment. Mexico should try to collaborate with other countries and stop solely depending on U.S. Venezuela is the preferred country of choice. It is that Venezuela is very conscious when it comes to environmental conservation since its most territory is dedicated to the national parks and reserves. (Soto, 47). Big airlines like Air France, British, Lufthansa, Alitalia, and Iberia all serve Venezuela hence being a good economic fare. Economic freedom score of Venezuela is at 36.3 Venezuela is also a big player in the petroleum industry. This gives it a major economic boost. The country is also the most urbanized in whole of South America (Middlebrook 98). Despite