“With Europe sputtering and China costly, the ‘stars are aligning’ for Mexico as broad changes in the global economy create new dynamics of migration.”

Seth Dixon‘s insight:

I’ve posted earlier about the end of cheap China; the rising cost of doing business in China coupled with the higher transportation costs to get goods to North American and European markets have made manufacturing in Mexican much more competitive on the global market.  Many investors are turning to Mexico as an emerging land of opportunity and Mexico is now a destination for migrants.  This is still a new pattern:  only 1 percent of the country is foreign-born compared to the 13 percent that you would see in the United States.  Mexican migration to the United States has stabilized; about as many Mexicans have moved to the U.S. (2005-2010) as those that have moved south of the border.

Tags: Mexico, industry, location, place, migration.

See on www.nytimes.com