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GDP: Why is Mexico Growing to Just One Digit and China to Double Digit?
- Source :
- Global Business & International Management Conference; Oct2019, Vol. 15 Issue 2, p47-55, 9p
- Publication Year :
- 2019
-
Abstract
- China has grown in the last 30 years in an impressive way leaving behind many economies including Mexico's economy. The economic and competitive growth of China is not a matter of chance; this is due to a long-term plan, which we will understand along with the changes that had to be made in various aspects, political, economic, social, development programs, cultural and educational. Taking in account that Mexico was in better condition than China only 25 years ago, Mexico has lagged, and if it remains the same without implementing effective programs, it will remain far from the competition; this report ends showing a significant difference (p-value<0.001) between both countries with respect to the distributions of their gross domestic product (GDP) values during the period 1960-2018. [ABSTRACT FROM AUTHOR]
Details
- Language :
- English
- ISSN :
- 21551219
- Volume :
- 15
- Issue :
- 2
- Database :
- Complementary Index
- Journal :
- Global Business & International Management Conference
- Publication Type :
- Conference
- Accession number :
- 148270156