What Tacos tell us about Mexico’s Economy

Posted on October 5, 2013 • Filed under: Business, Economy, Mexico

THEATLANTIC.COM REPORTED …On a recent afternoon, Daniel Soto, a 36-year-old chef and entrepreneur, scrutinized the pedestrians passing in front of his brilliant orange food truck a few blocks away from the white, ultramodern, glass-paneled Reforma 222 mixed-use shopping center, at the border between Mexico City’s downtown financial district and the city’s trendy Roma Norte neighborhood. As Mexico evolves its two disparate halves, its globally connected, educated elite and its marginalized, informal workforce continue to exist side by side in the country’s capital. Soto looked up the sidewalk at a man in a suit walking past an abandoned, graffiti-covered 18th century mansion. Even as Mexico’s economy continues to transform, many entrepreneurs still prefer to work in the informal sector. Soto, watching a customer settle down onto a plastic stool in front of his truck, explained that the upside of informality is “you charge for the food, not the space.” Read Article

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