« Llamamiento a las armas para todos los empresarios de la madre patria | Main | De tocho morocho, dice el IMF a la madre patria »

May 24, 2010

Comments

Feed You can follow this conversation by subscribing to the comment feed for this post.

Macario Schettino's piece today in El Universal provides some explanation. He notes that what the state doesn't collect in taxes (and of course Mexico has the already low official tax burden PLUS the incapacity to collect) is reflected in the state's inability to protect companies from other, less formal forms of taxation - read: extortion. This can of course be overstated, but the inability to protect companies from extortion is just one manifestation of Mexico's general problems with institutional capacity and competence, which sure as hell affects growth rates.

ps here's the link
http://www.eluniversal.com.mx/columnas/84130.html

This should really be the reductio ad absurdum for the whole genre of "Country X, which shares my ideological preferences, is Super-Competitive" reports.

Verify your Comment

Previewing your Comment

This is only a preview. Your comment has not yet been posted.

Working...
Your comment could not be posted. Error type:
Your comment has been posted. Post another comment

The letters and numbers you entered did not match the image. Please try again.

As a final step before posting your comment, enter the letters and numbers you see in the image below. This prevents automated programs from posting comments.

Having trouble reading this image? View an alternate.

Working...

Post a comment

Your Information

(Name and email address are required. Email address will not be displayed with the comment.)

Categories