False
In terms of what? For example, its status in terms of economic development is that of an "emerging market".
Stephenie Foster has written: 'Economic development in the U.S.-Mexico border region' -- subject(s): Bibliography, Economic conditions, Foreign economic relations
Technically, both. But the most pressing problem nowadays is crime. See the related questions section for further details.
Joseph S. LaCascia has written: 'Capital formation and economic development in Mexico' -- subject(s): Economic policy, Economic conditions, Saving and investment
Mexico's location has both helped and hindered its economic development.It has helped Mexico's development because it is strategically located between the Pacific Ocean and the Gulf of Mexico, it is crossed by the Tropic of Cancer which allows a large variety of climates -- thus enabling several types of vegetation and crops -- and its location between several tectonic plate boundaries has allowed a vast richness of minerals, such as oil, copper, silver and gold.It has hindered Mexico's development because the plate tectonics mentioned above have resulted in a rugged topography and harsh climates (subtropical deserts and rainforests) which are much more difficult to develop than say, temperate grasslands.Finally, Mexico's strategic position and vast natural resources have resulted in several economic powers -- such as France, Spain, England and the United States -- preying upon Mexico for centuries. Defensive war and conflict are not good for economic development, especially for struggling economies such as Mexico.
Denis Goulet has written: 'Development ethics at work' -- subject(s): Economic assistance, Moral and ethical aspects, Moral and ethical aspects of Economic assistance, Moral and ethical aspects of Technical assistance, Technical assistance 'The myth of aid' -- subject(s): Economic assistance, Economic assistance, American 'Survival with integrity' -- subject(s): Economic policy, Social policy 'The uncertain promise' -- subject(s): Technology transfer 'Is gradualism dead?' -- subject(s): Social change 'Mexico, development strategies for the future' -- subject(s): Cultural policy, Economic development, Economic policy, Social aspects, Social aspects of Economic development, Social values 'Three rationalities in development decisions' -- subject(s): Social values, Philosophy, Economic development, Economic development projects, Case studies
Hyperinflation and faulting their international debt obligations.
No that bad, considering there are other regions in Mexico with less economic development. In the related links section yo can see some examples of such living conditions.
Monterrey , Mexico. ( Municipality , San Pedro Garza Garcia )
Mexico City. :)
Mexico City is the cultural, economic and political capital of Mexico.