PRESENTATION OUTLINE
MÉXICO,s Poverty rate fell 0.6 perfect between 2010 and 2012 to 53.3 million people, the governments social development agency ceneval said. factoring in population growth the ranks of poor grow by half a million people in that time
About half of Mexico's people live in poverty, and about a fifth live in dire poverty. Mexico's poverty is not simply a result of an historical lag in development. Rather much of this poverty results from the modernization and development programs pushed by the International Monetary Fund, the World Bank, the U.S. and the Mexican government of the last 20 years. Poverty often results from unemployment or from low wages, or wages with declining purchasing power
Analysts say traditionally weak economic growth has kept the poverty rate at stubbornly high levels, and will likely continue to do so, undermining Pena Nieto's efforts to make Mexico one of the top emerging economies.
A local government official said the municipality was working to attract big investors. But Mendez was skeptical, saying he has heard his fair share of politician's promises.
The annual growth rate has hovered between 2 percent and 3 percent for the past two decades, and will have to grow at a faster clip in order to lower the poverty rate.
