Mexico economy Essay Example | Topics and Well Written Essays - 250 words - 1

Mexico economy - Essay ExampleThough the authorities and citizens believed these new changes would egest graft, instead they fuelled and provided new avenues for corrupt activities. Democracy gave rise to selfish and power hungry individuals that hold powerful political positions. Ironically, economic reforms such as privatization of the companies heighten graft instead of improving the economy. Furthermore, the massive trading activities in the country in the early millennium resulted in huge embezzlement of public funds. The degeneracy index currently shows that 27.2 percent of Mexicans are corrupt.Analysis No sector of the Mexican economy is untouched by corrupt activities. Consequently, a fifth of blotto businessmen claim corruption is the primary obstacle that hinder their investment activities in the country. Additionally, the poverty level is high since Mexicans have a tendency of gainful bribes even for essential services such as water supply. As a result, a quarter of t he countrys total income is spent on corrupt activities.The Economist. Corruption in Latin America. The Economist. 14 Mar. 2015. Web. 26 Mar. 2015. The Economist. Corruption in Latin America. The Economist. 14 Mar. 2015. Web. 26 Mar. 2015.