4 ms·
I'm curious what you mean by stable here. Which other country would you consider stable and suitable to set up your manufacturing in?
by xerxesaa 4y ago
I'm curious what you mean by stable here. Which other country would you consider stable and suitable to set up your manufacturing in?
- yucky 4y agoNot OP, but I think the smart play would be Mexico. They share our border, logistics is much cheaper, common language is far more likely, they're stable enough, and the additional stability provided by an influx of manufacturing would likely lead to a decrease in illegal immigration and fake asylum claims. The cartels exist, so it's not without challenges, but if we're going to grow any countries middle class it's better to be Mexico than China.
- poulsbohemian 4y ago> I think the smart play would be Mexico. Back in the late 90s when I was a business student, there was a lot of focus on Mexico, with the reasoned belief that it would be the logical place for remaining US manufacturing to move. As it became clear that the Clinton administration was cozy with China and headed toward entry into the WTO, it felt like overnight all the energy moved from Mexico to China. I was in China in about 1999 on a study trip, and every (foreign controlled) business we spoke with was talking about how they were getting taken advantage of by the Chinese government. So yeah - what's old is new again. Apple et. al hedging their risks in China, Mexico still having the geographic advantages in US trade plus relatively skilled and affordable labor.
- Arrath 4y agoI think OP means stability in the sense of the fickleness of policymakers from administration to administration. If your business is predicated on tax deals, environmental regulations, the stable import or export of certain goods, or other things that may be more ephemeral than expected in your business plan, longevity may be an issue.