The World Bank has an on-line report available entitled “Doing Business in Mexico“. The study was published in December of 2005.
“Cosponsored by COFEMER, USAID, and the World Bank Group, Doing Business in Mexico is the ﬁrst state-level report of the Doing Business series in Latin America. This report investigates the scope and manner of regulations that enhance business activity and those that constrain it.
The report covers the following thirteen Mexican cities and four areas of regulation: Starting a business, Registering property, obtaining credit and enforcing a contract.”
“When compared, Mexico City and the 12 other cities differ dramatically on the four indicators the report measures. “
The cities and regulations analyzed include: Aguascalientes, Celaya, Ciudad Juarez, Guadalajara, Monterrey, Veracruz, Merida, San Luis Potosi, Torreon, Mexico City, Tlalnepantla, Puebla, and Queretaro.
Of special note is the following comment. “The report concludes that reform is sorely needed. Much of the opportunity for improvement is in local administrative procedures, which can be changed by a governor or a mayor.”
This is very important. A governor or local mayor can make an important difference on the ease of setting up and doing business in Mexico. Seek out those states and cities with pro-active leadership. Find those areas that are investing heavily in infrastructure or have a dynamic policy focused on foreign investment and economic development.
Doing Business in Mexico – World Bank
Doing Business in Mexico (PDF)
Press Release (PDF)