By almost any index Mexico has historically struggled in the last century with economic and social growth. For example, Kearney's (2005) well-respected Globalization Index ranks Mexico 42nd in the world and the U.N. Human Development Reports (2003) rank Mexico 53rd in its Human Development Index. Recently, however, Mexico appears to have made a commitment to transform into a competitive nation by privatizing state-owned industries, reducing international commerce barriers and tariffs, attracting foreign investment, and establishing free-trade agreements (NAFTA) with neighbors such as the United States and Canada (Young & Welsch, 1993). However, to sustain the changes, a strong and capable group of domestic entrepreneurs are needed in Mexico.
Alvarez, R.D., DeNoble, A.F. and Jung, D. (2006), "Educational Curricula and Self-Efficacy: Entrepreneurial Orientation and New Venture Intentions among University Students in Mexico", Galbraith, C.S. and Stiles, C.H. (Ed.) Developmental Entrepreneurship: Adversity, Risk, and Isolation (International Research in the Business Disciplines, Vol. 5), Emerald Group Publishing Limited, Bingley, pp. 379-403. https://doi.org/10.1016/S1074-7877(06)05019-7
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