The Mexican Institute for Competitiveness (Imco, for its acronym in Spanish) indicated that the most competitive Mexican states are Mexico City, Aguascalientes, Nuevo León, Colima and Querétaro.
Based on the results of its 2016 State Competitiveness Index (ICE, for its acronym in Spanish), which measures the capability to forge, attract and retain talent and investments, the country’s least competitive states are Guerrero, Oaxaca, Chiapas, Michoacán, Veracruz and Tabasco, Notimex reported.
ICE is made of 100 indicators, categorized into 10 sub-indexes, and it shows the progress and setbacks in each of the sub-indexes in the 32 entities from 2012 to 2014, out of the indicators evaluated, 53 improved, 30 receded and 17 remained the same.
The agency reported that the states that progressed the most in the general index were Nayarit, Sonora and Puebla, while those that fell the most were Baja California, Veracruz and Baja California Sur.
It commented that Mexico is a territory with enormous asymmetries in its competitiveness potential, and said that the six factors of the most developed states are: international trade, competitive industries, energy, labor formality, more companies and relevant education.
IMCO noted that the five states account for 56 % of exports (Baja California, Chihuahua, Coahuila, Nuevo León and Tamaulipas), while 13 states do not even add up 3.0 % of the national total.
In a statement, it stressed that formal jobs are better paid, and compared that in Mexico City a formal worker earns an average of 8 thousand 674 pesos, while in Chiapas they earn 6 thousand 715 pesos.
more recommended stories
A throng of Central American migrants continues their trek toward the U.S. border across southern Mexico
According to the USA Today, an estimated 5,000.
Yucatán’s Legislative Building lights up in pink for Breast Cancer Awareness Month
In October, the month of the.
Cancun’s Nichupté and Bojórquez lagoons to be cleaned up
“A project to clean up the.
Willa is rapidly intensifying on its direct path to Mexico’s Pacific coast as an ‘extremely threatening’ Category 5 hurricane
Hurricane Willa is expected to produce.
The Importance of Renovation or Construction Contracts in Mexico
Building a new home or renovating.
Secretary of State Mike Pompeo says the U.S. will not allow illegal immigrants to enter its territory
The United States is closely following.
Man arrested in Mexico City for sexually abusing of more than 30 children
When we read about these type.
Ixi’im Restaurant: a physical and visual integration that allows transit between epochs
This place went from an abandoned.
More police presence in Playa del Carmen
The municipality of Playa del Carmen.
Atlanta GA restaurant offers Yucatan-inspired rooftop
Estrella, a Yucatan-inspired rooftop restaurant and.