Mexico
From Wikinvestor
The United Mexican States , commonly known as Mexico , is a federal constitutional republic in North America. It is bordered on the north by the United States; on the south and west by the Pacific Ocean; on the southeast by Guatemala, Belize, and the Caribbean Sea; and on the east by the Gulf of Mexico.[6][7] Mexico is a federation comprising thirty-one states and a federal district, the capital Mexico City, whose metropolitan area is one of the world's most populous.
Covering almost 2 million square kilometers, Mexico is the fifth-largest country in the Americas by total area and the 14th largest independent nation in the world. With an estimated population of 109 million[9], it is the 11th most populous country and the most populous Spanish-speaking country in the world.
As a regional power and the only Latin American member of the Organisation for Economic Co-operation and Development (OECD) since 1994, Mexico is firmly established as an upper middle-income country.
Mexico is a newly industrialized country and the 11th largest economy in the world by GDP by purchasing power parity. The economy is strongly linked to those of its North American Free Trade Agreement (NAFTA) partners. Despite being considered an emerging power, the uneven distribution of income and the increase in insecurity are issues of concern.
Elections held in July 2000 marked the first time that an opposition party won the presidency from the Institutional Revolutionary Party (Spanish: Partido Revolucionario Institucional, PRI) which had held it since 1929, culminating the political alternation at the federal level, which had begun at the local level during the 1980s.
States of Mexico and the Federal District
The United Mexican States are a federation of thirty-one free and sovereign states which form a Union that exercises jurisdiction over the Federal District and other territories. Each state has its own constitution and congress, as well as a judiciary, and its citizens elect by direct voting, a governor (gobernador) for a six-year term, as well as representatives (diputados locales) to their respective state congresses, for three-year terms. The 31 states and the Federal District are collectively called "federal entities", and all are equally represented in the Congress of the Union.
Mexican states are also divided into municipalities (municipios), the smallest official political entity in the country, governed by a mayor or "municipal president" (presidente municipal), elected by its residents by plurality. Municipalities can be further subdivided into non-autonomous boroughs or in semi-autonomous auxiliary presidencies.
Constitutionally, Mexico City, as the capital of the federation and seat of the powers of the Union, is the Federal District, a special political division in Mexico that belongs to the federation as a whole and not to a particular state, and as such, has more limited local rule than the nation's states. Nonetheless, since 1987 it has progressively gained a greater degree of autonomy, and residents now elect a head of government (Jefe de Gobierno) and representatives of a Legislative Assembly directly. Unlike the states, the Federal District does not have a constitution but a statute of government. Mexico City is conterminous and coextensive with the Federal District.
Geography and climate
Mexico is located at about 23° N and 102° W in the southern portion of North America. It is also located in a region known as Middle America. Almost all of Mexico lies in the North American Plate, with small parts of the Baja California peninsula on the Pacific and Cocos Plates. Geophysically, some geographers include the territory east of the Isthmus of Tehuantepec (around 12% of the total) within Central America. Geopolitically, however, Mexico is considered part of North America along with Canada and the United States.
Mexico's total area is 1,972,550 km², making it the world's 14th largest country by total area, and includes approximately 6,000 km² of islands in the Pacific Ocean (including the remote Guadalupe Island and the Revillagigedo Islands), Gulf of Mexico, Caribbean Sea, and Gulf of California. On its north, Mexico shares a 3,141 km border with the United States. The meandering Río Bravo del Norte (known as the Rio Grande in the United States) defines the border from Ciudad Juárez east to the Gulf of Mexico. A series of natural and artificial markers delineate the United States-Mexican border west from Ciudad Juárez to the Pacific Ocean. On its south, Mexico shares an 871 km border with Guatemala and a 251 km border with Belize.
