A: Mexico lies on the geographical coordinates of 23° 0' 0" N, 102° 0' 0" W.
Latitude and Longitude of Mexico in other units:
|Latitude and Longitude to decimals||23.0||-102.0|
|Latitude and Longitude to degrees minutes seconds||23° 0' 0" N||102° 0' 0" W|
|Latitude/Longitude to UTM Reference|
|UTM Northing:2546667.6797416206 Easting:192457.12953788403 Zone:14Q|
More detail about Mexico
Mexico Suffering from Widespread Poverty
Just less than half of the population of Mexico lives under the poverty line and the government knows that they need a high pace of economic growth to create real opportunities for the locals to make a proper living. They also want to create opportunities suitable for new workers.
In 2009, the economy suffered from the recession even more than they did from the recession of the 1930's. The revenues decreased dramatically because the exports normally bought by the United States also dropped. There were lower levels of investments from around the world and their revenue from oil decreased. Although they normally make decent revenues from tourism, there was a reduction in the amount of tourists visiting because of the H1N1 influenza virus.
There have been improvements in various parts of the economy since the free trade agreement with the United States, Canada and the European Union. It gave them access to free trade with 44 countries. After the devaluation of the Peso, the various governments have made progression with the economy. Inflation is now under better control as are any existing deficits in the public sector. The account balance has been improved as has the public debt. There is a somewhat stable outlook for the level of sovereign debt which still does not threaten potential for investment.
Mexico received a lot of remittances from Mexicans within the United States. These equal over 20 million dollars a year. These remittances are generally used immediately for food, housing, medical care and education. Without this assistance, those in poverty would be much worse off than they already are.
Even though Mexico is heavily dependent upon these remittances, it is making plans to create more opportunities. There are programs for project sharing as well as other programs for social development. The locals look forward to seeing these changes and to the reforms that they might make within the economy.