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    Mexico ranks second to last in the Global Competitiveness Index 2020

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    January 6, 2021

    According to information from the World Economic Forum and the Mexican Institute for Competitiveness, Mexico ranked second to last in the Global Competitiveness Index 2020; for this edition, the index was developed by assessing the countries' priorities for index was developed by assessing countries' priorities for revitalization, as well as their readiness for economic transformation over the next five years. for economic transformation over the next five years. The metrics used included four broad areas: Enabling environment (ensuring sound governance principles and a long-term vision, as well as an infrastructure to accelerate the energy transition); Human capital (thinking about curricula for "tomorrow's markets"); Human capital (thinking about the curricula for "tomorrow's markets") for "tomorrow's markets"; as well as labor laws and social protection); Markets (directing public-private collaborative public-private collaboration efforts toward the fourth industrial revolution, and directing financial resources toward long-term investments); Markets (directing public-private and directing financial resources towards long-term investments); and an Innovative Ecosystem (encouraging companies to embrace diversity, equity and diversity, equity and inclusion).

    Unfortunately, Mexico ranked second to last (36th) in this metric, obtaining 46.9 points out of 100, only above Turkey. out of 100 points, only ahead of Turkey; this reflects the poor preparation of our economy for current and future challenges. This reflects our economy's unpreparedness for current and future challenges. It is a reality that the pandemic is forcing us to rethink priorities and redesign our economic system. and redesign our economic system, seeking greater productivity that is linked to environmental sustainability and prosperity. environmental sustainability and prosperity; that is why we maintain our call to the authorities to implement actions that to implement actions that will reactivate our economy under a long-term thinking; with a greater public-private public-private collaboration; encouraging the energy transition; betting fully to SMEs, with programs and policies; promoting the programs and policies; promoting certainty in investment, which encourages the generation of jobs and well-being in Mexico; and and well-being in Mexico; and finally, thinking about "the markets of tomorrow".

    CAINTRA believes that it is urgent to improve Mexico's competitive landscape. will allow us to visualize a more hopeful future for micro, small and medium-sized companies, as well as for our country's society as a whole. society as a whole in our country.