Over the last ten years, Mexican competitiveness and income inequality have remained at a long impasse. Currently, the nation ranks number 51 among 138 indexed nations.
Competitiveness refers to a nation’s ability to compete for resources, increase investment and productivity, and generate growth and prosperity to improve quality of life. However, a better standard of living can only be achieved when domestic businesses can compete equally against businesses from other countries, sustaining themselves while increasing income and production efficiency.
In other words, a business must manage skills, resources, and capabilities to prosper. Thus a nation’s competitiveness depends on the collective competitiveness of its firms.
