Mexico Failed Neoliberal Model 2010-2016

Abstract

In the past seven years (2010-2016), the Mexican economy has continued implementing a neoliberal economic model with economic indicators down, jutting out the gross domestic product (GDP) which decreases significantly in recent years: rising unemployment, insufficient employment levels, very low wages, constant debt, governmental opacity without any sanction, inequitable distribution of income, etc. The economic model does not work for a small population segment that strives to continue implementing it despite continuous indicators down. Advocates of this neo-liberal model that does not lead to overall well-being are still being questioned in a timely manner, but the federal Government ignores this, trying to hide the asymmetries among them less they have and those who wield economic and political power.