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Free Economic Progress in Mexico Essay Sample
The economic of Mexico has been ranked by the World Bank as the 13th largest in the globe in terms of nominal and the 11th through purchasing power parity. Mexico economic progress has significantly improved from 1994 crisis to 2002. Afterward, Mexico was affected by the economic meltdown during 2002 South American crisis. Although Mexico maintained a positive progress, there was a low growth rate in economic sector. Moreover, the global financial crisis that started in 2007 until now, it has affected the progress of Mexico economy. This paper analyses the obstacles to the economic progress in Mexico.
One of the biggest obstacles to the economic progress in Mexico is tax revenue. In all Latin American counties, Mexico is the one that has the lowest tax intakes. This poses a great threat to the economy, as if the government cannot collect enough tax revenue, then it becomes hard for it to improve its infrastructure, which is the bottom-line to economic development.
Another challenging factor is the competitiveness. Mexico is greatly affected by monopolistic market structure in transportation and telecommunication sectors. Consequently, the services from these two sectors have become hard to access due to higher exploitation. This has affected millions of Mexicans who lives under poverty line.
Moreover, Mexico is facing a serious challenge of competitiveness for its product in the global market. The emerging markets are coming up with higher quality products with lower prices, thus posing a threat to Mexico export merchandises.
Other aspects that have been an obstacle to the economic progress are; decline in oil revenues due to higher prices of oil, low turnover from tourism sector due to H1N1 and higher poverty level among other notable aspects.
In light of contemporary challenges, initiatives have emerged to document and digitize Gullah resources. Digital platforms and archives are being leveraged to create repositories of Gullah literature, oral traditions, and linguistic nuances. These efforts not only serve as a means of preservation but also enable broader accessibility, allowing individuals worldwide to explore and appreciate the richness of the Gullah language.
Moreover, educational programs have been implemented to raise awareness about the importance of Gullah within both local and global contexts. Schools and cultural institutions are incorporating Gullah studies into their curricula, fostering a deeper understanding of this unique linguistic and cultural heritage. By integrating Gullah into formal education, there is a hope to instill a sense of pride and ownership among younger generations, encouraging them to actively participate in the preservation of their linguistic legacy.
As Gullah faces the dual pressures of integration and potential extinction, grassroots movements have gained momentum. Community-led initiatives aim to celebrate and revitalize the Gullah language, organizing events, festivals, and cultural exchanges. These activities not only create spaces for the continued practice of Gullah but also foster a sense of community and identity among its speakers.
Conclusion
In conclusion, the efforts to safeguard Gullah are evolving with the times. From digital archives to educational programs and grassroots movements, a multifaceted approach is being employed to ensure that the Gullah language not only survives but thrives in the face of contemporary challenges.
