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Mexico struggles with significant economic issues including high levels of poverty, a large wealth gap, and problems with education and health systems. Over 40% of Mexicans live in poverty with many earning only the minimum wage of $4.37 per day. While the GDP per capita is over $10,000, much of the population earns very little while a few wealthy families control most resources. The public education and health systems are plagued by corruption, underfunding, and fail to meet the needs of Mexico's growing young population. Key health issues include high obesity and diabetes rates.
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slide 1: General principles of income distribution
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MexiCAN
- 1. MEXICAN A brief explanation on how mexicans struggle with the economy. By Christian Reich López, MBA.c
- 2. The purpose of this presentation is trying to picture to foreign people a perspective of how Mexico’s economy is like.
- 3. CONTENT: FACTS & GENERAL INFO. By Christian Reich López, MBA. ISSUES.
- 15. ISSUES
- 16. Poverty. The wrong distribution of wealth in Mexico generates a country of contrast.
- 17. Poverty. 44.2% of the population lives in some kind of poverty, while 33.7% are consider extreme poverty. Source: UNICEF
- 18. Minimum wage. The highest a worker can achieve: $70.05 Pesos / $4.37 USD FOR AN 8 HOUR LABOR SHIFT Source: SAT
- 19. Wealth distribution The GDP per capita is $10,307 USD per Year, however a lot of people earns minimum wage, it means that the variance of wealth is huge. June 2015
- 20. Wealth distribution A few super rich families June 2015 A lot of poor families.
- 21. Education Public education in Mexico is hurt.
- 22. Education The public education spending represents 5.15% of GDP, however most of the resources don’t achieve its purpose. Source: WolframAlpha
- 23. Education Corruption from institutions and unions is hurting education.
- 24. Education In Mexico you can buy or inherit a teacher position, most of the time teachers don’t get the job because of their capacities but corruption.
- 25. Education Teachers manifest against government because they don’t want to be assess, meanwhile millions of kids lacks education.
- 26. Education Furthermore, public education is not satisfying demand, Mexico is a country with a lot of young people asking for opportunities.
- 28. Health There is also corruption in the public health system and the offer is not enought
- 29. Health Mexico is the country with the highest obesity rate in the world. Even though its population is very young.
- 30. Health Fighting against diabetes is the main health challenge in Mexico.