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Country competitiveness comparisons have an impact
throughout theworld. Particularly since the annual report
published by the World Economic Forum Organization
(WEF) where their weaknesses and strengths are shown.
That report called The Competitiveness Index groups
country performance indicators into twelve pillars. In
Mexico, several private institutions have assumed a
compromise with this benchmarking effort, among them
is IMEF (Institute of Mexican Financial Executives), which
at the beginning of this century founded a National
Technical Committee with Financial Executive Officers
in order to consider the importance of Competitiveness
consequences within their business decisions.
In order to inform and compare variables that define
international economic competitiveness, Charles
Schwab, foundedWEF in1971, year inwhichhepublished
his book titled Moderne Unternehmensführung im
Maschinenbau (Modern Enterprise Management in
Machine Building). That same year, the world was
undertaking a floating exchange currency rate system,
leaving behind the fixed gold standard.
Nevertheless, it is not the purpose of this article to
tell the story of industrial growth, energy demand
expansion, oil reserves and monetary flows to and
from the Middle East, which in turn invested their
MEXICO
FARSEEING
NEXT DECADE OF SUCCESS
By CARLOS AMTMANN ITUARTE, President of National Technical Competitiveness Committee at IMEF, Instituto
Mexicano de Ejecutivos de Finanzas, the Mexican IAFEI Member Institute
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