0
I guess by "social infrastructure" you mean health and education.
In Mexico, the federal budget for education is one of the highest in the developing world in relative and absolute terms (USD$28 billion, or 5.9% of GDP) with primary and secondary education free and mandatory. There are prestigious public universities such as the National Autonomous University of Mexico (Spanish: Universidad Nacional Autonoma de Mexico - UNAM) and the National Polytechnic Institute (Spanish: Instituto Politecnico Nacional - IPN) which have almost 450,000 undergraduate and over 30,000 postgraduate students. There are of course many private institutions such as the Monterrey Institute of Technology and Higher Education (Spanish: Instituto Tecnologico de Estudios Superiores de Monterrey - ITESM) with over 50,000 undergraduate and 10,000 postgraduate students.
As for health care, government spending on public health care accounts for 6.4% of Mexico's GDP, which adjusted is on par to most OECD countries. Consistent with most industrialized nations, government health care in Mexico is universal, making private programs' health insurance unnecessary except for use in private hospitals.
Wiki User
∙ 14y ago
Add your answer:
Earn +20 pts
What is Mexico infrastructure?
it would be free market
What is the difference between social and physical infrastructure?
Social infrastructure refers to systems, structures, and facilities that support social well-being and quality of life, such as schools, hospitals, and community centers. Physical infrastructure, on the other hand, consists of tangible assets like roads, bridges, and utilities that facilitate the functioning of a society and its economy. Social infrastructure focuses on human services and community development, while physical infrastructure supports transportation, communication, and utilities.
What is social infrastructure in general?
Hospitals or schools/universities
Explain and evaluate the infrastructure of Mexico it it adequate to open a bicycle manufacturing plant?
This requires a complex and detailed question but the fact is, Mexico has indeed the adequate infrastructure required to set up such kind of plant. See related questions for some manufacturers in Mexico.
What is social overhead capital?
Capital spent on social infrastructure, such as schools, universities, hospitals, libraries.
What is the role of oil in Mexico's economy?
Oil's sales represent a large portion of Mexico's federal budget income (US$50 billion or almost 21% of the federal budget revenues for 2010). Without such income, Mexico's government would have a much diminished role, lacking resources for social programs or infrastructure.
Is Mexico's poor infrastructure a major obstacle to continued economic growth?
True
Importance of Social Infrastructure?
Social infrastructure encompass the factors that render human resources suitable for productive work. It plays a major role in businesses and financial institutions in fostering economic growth.
What has the author Brett M Frischmann written?
Brett M. Frischmann has written: 'Infrastructure' -- subject(s): Infrastructure (Economics), Social aspects
How do natural disasters weaken a community's social infrastructure?
Social systems are unbalanced by the damage caused by natural disasters.
What is the role of oil in the economy?
Oil's sales represent a large portion of Mexico's federal budget income (US$50 billion or almost 21% of the federal budget revenues for 2010). Without such income, Mexico's government would have a much diminished role, lacking resources for social programs or infrastructure.
Why did Oreos move to Mexico?
Cheaper production costs, tax incentives and good transportation infrastructure are the main factors when companies move from the U.S. to Mexico.
