Dec 7, 2010

Collateral Damage: Mexico Boom Obscures Harm Done to Small Firms by Drug Warfare

Mexico Boom Obscures Harm Done to Small Firms by Drug Warfare - Bloomberg: "So far, the violence that has gripped northern Mexico since 2006 has done little to deter large companies, which can afford their own security forces, from building new factories. But many small businesses in regions plagued by drug-cartel killings are suffering or shutting down amid extortion and kidnappings by crime gangs.

Mexico’s small and medium-sized businesses -- those that employ 250 workers or fewer -- account for 52 percent of the economy and 72 percent of formal employment, according to Mexico’s Economy Ministry." Dec. 5, 2010

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