Renowned economist and Nobel Prize-winning economist Joseph Stiglitz, criticized Mexico for failing to handle the economic problem known. Stiglitz said that Mexico's performance in the management and control of the crisis was one of the worst in the world. Worldwide, one of the main causes of economic meltdown was the inadequate regulation of banks and in Mexico experienced a similar situation. According to Stiglitz, in Mexico there was sufficient capacity to finance small and medium enterprises so that they become involved in global trade and said the tax increase contemplated in Mexico for next year (VAT Tax income, etc.) cause negative impacts on the economy Mexican.
Immediately after these statements, the Finance Minister in Mexico, Agustin Carstens came to the defense of the federal government to refute the comments of Joseph Stiglitz and defending the economic plan Felipe Calderón. Treasury Secretary says Stiglitz is alien to the internal problems of Mexico and that his view is from an outside perspective and a global perspective. In Mexico, "says Carstens, the country was hit by two important economic factors: the U.S. economic slowdown and falling oil production.
Here are two perspectives: that of Joseph Stiglitz, Nobel prize winner economy and Agustin Carstens, Secretary of Finance in Mexico. In view of these two analytical points, you create two variables: first, perhaps Stiglitz has analyzed the global and regional economic situation and concluded, based on detailed studies that Mexico was one of the countries with the worst of the crisis management economic. After all Stiglitz is an economist and winner of the prestigious Nobel Prize in economics. His view is impartial and see things as they are. On the other hand we have to Agustin Carstens, who immediately came to the defense of the economic plan by President Felipe Calderón. Carstens know the situation in Mexico and is the main driver of the economic plan the President of the Republic. Carstens sure that Stiglitz does not know by internal factors affecting the country and point of view is inconsistent with the current situation. Carstens, after all, an employee of the Executive and must defend the position of his boss.
Immediately after these statements, the Finance Minister in Mexico, Agustin Carstens came to the defense of the federal government to refute the comments of Joseph Stiglitz and defending the economic plan Felipe Calderón. Treasury Secretary says Stiglitz is alien to the internal problems of Mexico and that his view is from an outside perspective and a global perspective. In Mexico, "says Carstens, the country was hit by two important economic factors: the U.S. economic slowdown and falling oil production.
Here are two perspectives: that of Joseph Stiglitz, Nobel prize winner economy and Agustin Carstens, Secretary of Finance in Mexico. In view of these two analytical points, you create two variables: first, perhaps Stiglitz has analyzed the global and regional economic situation and concluded, based on detailed studies that Mexico was one of the countries with the worst of the crisis management economic. After all Stiglitz is an economist and winner of the prestigious Nobel Prize in economics. His view is impartial and see things as they are. On the other hand we have to Agustin Carstens, who immediately came to the defense of the economic plan by President Felipe Calderón. Carstens know the situation in Mexico and is the main driver of the economic plan the President of the Republic. Carstens sure that Stiglitz does not know by internal factors affecting the country and point of view is inconsistent with the current situation. Carstens, after all, an employee of the Executive and must defend the position of his boss.
Who do you believe?
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