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Mexico holidays

Information about Mexico

The site of several advanced Amerindian civilizations - including the Olmec, Toltec, Teotihuacan, Zapotec, Maya, and Aztec - Mexico was conquered and colonized by Spain in the early 16th century. Administered as the Viceroyalty of New Spain for three centuries, it achieved its independence early in the 19th century. The global financial crisis beginning in late 2008 caused a massive economic downturn the following year, although growth returned quickly in 2010. Ongoing economic and social concerns include low real wages, underemployment for a large segment of the population, inequitable income distribution, and few advancement opportunities for the largely indigenous population in the impoverished southern states. The elections held in 2000 marked the first time since the 1910 Mexican Revolution that an opposition candidate - Vicente FOX of the National Action Party (PAN) - defeated the party in government, the Institutional Revolutionary Party (PRI). He was succeeded in 2006 by another PAN candidate Felipe CALDERON, but Enrique PENA NIETO regained the presidency for the PRI in 2012. Since 2007, Mexico's powerful drug-trafficking organizations have engaged in bloody feuding, resulting in tens of thousands of drug-related homicides.

Mexico's economy

Mexico's $1.3 trillion economy has become increasingly oriented toward manufacturing in the 20 years since the North American Free Trade Agreement (NAFTA) entered into force. Per capita income is roughly one-third that of the US; income distribution remains highly unequal. Mexico has become the United States' second-largest export market and third-largest source of imports. In 2013, two-way merchandise trade reached nearly $507 billion. Mexico has free trade agreements with over 50 countries including Guatemala, Honduras, El Salvador, the European Free Trade Area, and Japan - putting more than 90% of trade under free trade agreements. In 2012 Mexico formally joined the Trans-Pacific Partnership negotiations and formed the Pacific Alliance with Peru, Colombia and Chile. Mexico's current government, led by President Enrique PENA NIETO, emphasized economic reforms during its first year in office, passing education, energy, financial, fiscal and telecommunications reform legislation. The three-party "Pact for Mexico" reform agenda aims to improve competitiveness and economic growth across the Mexican economy.

Issues in Mexico

abundant rainfall in recent years along much of the Mexico-US border region has ameliorated periodically strained water-sharing arrangements; the US has intensified security measures to monitor and control legal and illegal personnel, transport, and commodities across its border with Mexico; Mexico must deal with thousands of impoverished Guatemalans and other Central Americans who cross the porous border looking for work in Mexico and the United States; Belize and Mexico are working to solve minor border demarcation discrepancies arising from inaccuracies in the 1898 border treaty Refugees and internally displaced persons: IDPs: 160,000 (government's quashing of Zapatista uprising in 1994 in eastern Chiapas Region; drug cartel violence and government's military response since 2007; violence between and within indigenous groups) (2013 est.) stateless persons: 7 (2012) Illicit drugs: major drug-producing and transit nation; world's second largest opium poppy cultivator; opium poppy cultivation in 2009 rose 31% over 2008 to 19,500 hectares yielding a potential production of 50 metric tons of pure heroin, or 125 metric tons of "black tar" heroin, the dominant form of Mexican heroin in the western United States; marijuana cultivation increased 45% to 17,500 hectares in 2009; government conducts the largest independent illicit-crop eradication program in the world; continues as the primary transshipment country for US-bound cocaine from South America, with an estimated 95% of annual cocaine movements toward the US stopping in Mexico; major drug syndicates control the majority of drug trafficking throughout the country; producer and distributor of ecstasy; significant money-laundering center; major supplier of heroin and largest foreign supplier of marijuana and methamphetamine to the US market (2007)

Prices in Mexico (1 MXN = 0.05 USD)
Meal in inexpensive restaurant55.2 MXN
3-course meal in restaurant (for 2)369.84 MXN
McDonalds meal70.5 MXN
Local beer (0.5 draft)22.14 MXN
Foreign beer (0.33 bottle) 31.5 MXN
Cappuccino29.55 MXN
Pepsi/Coke (0.33 bottle)9.58 MXN
Water (0.33 bottle)8.08 MXN
Milk (1l)15.94 MXN
Fresh bread (500g)20.58 MXN
White Rice (1kg)16.61 MXN
Eggs (12) 23.61 MXN
Local Cheese (1kg) 77.05 MXN
Chicken Breast (1kg) 74.28 MXN
Apples (1kg) 35.21 MXN
Oranges (1kg) 11.75 MXN
Tomato (1kg) 17.01 MXN
Potato (1kg) 14.9 MXN
Lettuce (1 head) 9.25 MXN
Water (1.5l)11.24 MXN
Bottle of Wine (Mid-Range) 105.6 MXN
Domestic Beer (0.5 bottle)17.4 MXN
Foreign beer (0.33 bottle) 28.56 MXN
Cigarettes41.85 MXN
One way local bus ticket6.37 MXN
Monthly pass for bus333 MXN
Taxi start24.75 MXN
Taxi 1km8.83 MXN
Taxi 1hour waiting132.24 MXN
Gasoline (1 liter) 12.05 MXN
Utilities for a "normal" apartment834.25 MXN
Tennis Court Rent (1 Hour on Weekend) 210.81 MXN

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