Advantages and Disadvantages of Nearshoring in Mexico

Wolffer Ortega Pamela Steffany (2024) Advantages and Disadvantages of Nearshoring in Mexico. Külkereskedelmi Kar.

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Absztrakt (kivonat)

In today's interconnected global economy, nearshoring has emerged as a pivotal strategy for companies aiming to optimize costs and enhance operational efficiency. This thesis embarks on an extensive exploration of nearshoring, concentrating specifically on its advantages and disadvantages within the Mexican landscape. As businesses increasingly strive to streamline their operations while remaining competitive in the international market, nearshoring has become a popular choice. By sending certain business processes to nearby countries like Mexico, companies can take advantage of lower labor costs, reduced transportation expenses, and closer proximity to their target markets. This shift away from traditional offshore outsourcing models towards nearshoring reflects a strategic response to evolving economic dynamics and geopolitical considerations.The introduction serves as a foundation, meticulously outlining the problem statement, contextual framework, and the deep significance behind the study. It highlights the crucial importance of understanding the fine distinctions of nearshoring, accentuating its multifaceted nature. Additionally, the introductory segment delineates both the overarching and specific objectives, hypothesis, and research inquiries driving the investigation forward.Chapter I dives into the fundamental elements, clarifying the object of study, the statement of the problem, and the contextual framework grounding the research. This chapter further explores into the rationale justifying this study and critically evaluates the boundaries and methodologies essential for ensuring the project's viability.Building upon this foundational groundwork, Chapter II creates a detailed background framework essential for understanding the complexities of nearshoring. It examines existing research and introduces the theoretical-conceptual framework supporting the analysis.Furthermore, the methodology employed in this research is elaborated upon, establishing the foundation for future empirical investigations.Chapter III stands as the focal point of the thesis, focusing on nearshoring within the Mexican context. Through careful examination, it defines nearshoring and its factors, explains the differences between nearshoring, offshoring, and outsourcing, and thoroughly examines the historical development of nearshoring, with a particular emphasis on Mexico's significant role in this global phenomenon.Subsequently, Chapter IV conducts a thorough socioeconomic analysis of nearshoring in Mexico. This comprises a comprehensive overview of the Mexican economy, encompassing analysis of Gross Domestic Product, unemployment, trade balance, and foreign direct investment. Additionally, it includes an evaluation of the impact of nearshoring on employment and the broader economic landscape, an assessment of Mexico's competitive position in the international arena, and an in-depth exploration of governmental strategies and public policies pertaining to nearshoring activities.Chapter V carefully examines the advantages and disadvantages of nearshoring within the Mexican context. By closely studying the topic, it identifies the benefits gained from nearshoring in Mexico, contrasting them with the challenges and drawbacks it presents. Additionally, this chapter presents case studies and practical examples to illustrate the real-world applications of nearshoring in Mexico, with a specific focus on its implementation in Mexico City.In conclusion, this thesis is a significant contribution to the understanding of nearshoring as a strategic economic practice, particularly within Mexico. By unraveling its intricacies,understanding its impact on society and the economy, and evaluating its advantages and disadvantages, this research provides valuable insights for policymakers, businesses, and scholars involved in international trade and economic development. In this way, it enables informed decision-making and strategic planning, promoting sustainable growth and prosperity.

Intézmény

Budapesti Gazdasági Egyetem

Kar

Külkereskedelmi Kar

Tanszék

Nemzetközi Gazdaságtan Tanszék

Tudományterület/tudományág

NEM RÉSZLETEZETT

Szak

Nemzetközi gazdaság és gazdálkodás (angol)

Mű típusa:	diplomadolgozat (NEM RÉSZLETEZETT)
Kulcsszavak:	competitiveness (economics), economic development, economics, Latin-Amerika, Mexico, Nearshoring, outsourcing
SWORD Depositor:	Archive User
Felhasználói azonosító szám (ID):	Archive User
Rekord készítés dátuma:	2024. Szep. 26. 08:01
Utolsó módosítás:	2024. Szep. 26. 08:01

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