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.

usmca

What’s on the Table for Renegotiation of the USMCA?

 

Reiterating his concerns about unauthorized migration, fentanyl trafficking and trade deficits, U.S. President Donald Trump said Thursday that he will impose tariffs of 25 percent on goods from Canada and Mexico beginning Saturday. Trump has been threatening the tariffs as part of an effort to pressure the neighboring countries into early renegotiations of the USMCA trade accord, The Wall Street Journal reported Jan. 21. The free trade agreement is currently scheduled for a review in 2026. How likely are the United States, Mexico and Canada to start early on renegotiating the deal, and what are the main parts of the agreement that could be changed? What will each of the three countries want in a renegotiated deal? What will be the economic impact for the three countries of an altered USMCA, and which sectors will be most affected?

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trump

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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