Top Ten Latin American Cities to Do Business Research Paper

Top Ten Latin American Cities for Business

The objective of this study is to examine the top ten Latin American cities to do business in and then to answer as to what variables or factors are key for appearing in the list of the best Latin American cities for doing business. What other variables might be considered? As well, this work will answer as to whether all the cities identified are located in Latin America and why or why not. Secondly, this study will analyze the effects of the influx of Mexican business people into cities such as Miami and how this has affected Mexico's economy. Part three of this study will state a conclusion.

Variables on Ease of Doing Business

It is reported that variables for ease of doing business in Latin American countries are divided into categories including: (1) ease of starting a business; (2) ease of dealing with construction permits; (3) ease of getting electricity; (4) ease of registering property; (5) ease of getting credit; (6) ease of protecting investors; (7) ease of trading across borders; (8) ease of trading across borders; (9) ease of enforcing contracts; and (10) ease of resolving insolvency.(The International Bank for Reconstruction and Development / The World Bank, 2012) All of the countries listed are not Latin American countries because the Latin American countries are compared to other countries throughout the world.

II. Effect of Influx of Mexican Business People Into American Cities on Mexico

The downturn in the U.S. economy and the "solid growth within the Mexican economy" haws resulted in "tremendous shift in immigration patterns from Mexico." (Global Perspective, 2012) The segments of Mexican population experiencing an increase in immigration to the U.S. is that of "entrepreneurs, investors and the middle class." (Global Perspective, 2012) This has been termed to be a "Mexodus" in recent studies. The result is that Mexican capital is leaving Mexico and flowing into major U.S. cities such as Miami and cities in Texas. Added to this is the decrease in the individuals who are financially stable and economically prepared to spend their retirement years in Mexico, which has resulted in….....