Center for Border Economic Development


 

The Center for Border Economic Development (C-BED) is in a unique position to marshal resources from across New Mexico State University (NMSU) to promote business expansion and economic development in communities along the U.S.-Mexico border. An important collaborator in our efforts is Arrowhead Center. Our mission and that of Arrowhead complement each other and this has resulted in a productive partnership.
C-BED seeks to complement existing development efforts along the border by working closely with businesses, governments, NGOs, and other border stakeholders to identify impediments to economic development and to propose solutions to overcome those impediments. Many of the studies conducted since C-BED's founding in 2021 involve economic impact and infrastructure projects including a study for the Border Task Force on the Paso del Norte Region, and an economic impact study of the Santa Teresa Port of Entry and Santa Teresa industrial parks.

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What Will a Higher Minimum Wage Mean for Mexicans?

 

Mexico will raise its minimum wage by 12 percent, a commission made up of government, labor and business representatives announced on Dec. 4. The new daily minimum wage of about 279 pesos takes effect on New Year’s Day. The minimum wage will be higher, about 420 pesos daily, along the country’s border with the United States. How significant is this minimum wage increase as compared to past wage hikes? Who stands to benefit most from the decision? To what extent will the change lead to a tangible improvement in the daily lives of Mexicans, and how will businesses be affected?

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Will Eliminating Regulatory Agencies Benefit Mexicans?

 

Mexico’s Senate on Nov. 29 approved a measure that would eliminate seven independent regulatory and oversight agencies as part of President Claudia Sheinbaum’s austerity strategy. The plan, which a majority of state legislatures ratified days later, does away with the independent body that handles freedom of information requests and places the autonomous antitrust watchdog Cofece under the economy ministry’s supervision. What are the main reasons for the agencies’ elimination, and what does it entail for the Mexican government? To what extent would it hinder citizens’ access to accountability and transparency from government officials? How might these changes affect foreign investment?

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