Copy
Mexico Weekly -  What makes Mexicans happy?
If you like these events and would like to find more about the MexCC and participate in them please click here and become a member!
View this email in your browser

What Makes Mexicans Happy? 

by 
Valéry Dugain & Eduardo Olaberriá
 OECD Economics Department Working PapersNo. 1196 

The growing literature studying the determinants of subjective wellbeing find that Mexicans report, on average, levels of life satisfaction that are above what would be predicted by the available objective measures of well-being. This paradox raises the following question: Are the drivers of subjective wellbeing in Mexico different from the drivers in other countries?

This paper tries to answer this question using data from the World Gallup Poll and Instituto Nacional de Estadísticas y Geografía (INEGI). In particular, it investigates if the impact that key objective measures of well-being have on life satisfaction is different in Mexico than in other countries.

The results show that the drivers of life satisfaction are very similar to those in other countries. In particular, as in other countries, in Mexico income, education, health, job status and other individual characteristics are significantly associated with life satisfaction. These findings suggest that the higher average level of life satisfaction in Mexico is probably related to unobserved country characteristics.

For the complete article please click here

With its endless drug wars, Mexico is one of the most dangerous places in a world that has seen a recent upswing in violence against journalists, with scores of reporters killed or jailed in Afghanistan, Pakistan, the Arab Spring countries, Central America and the former Soviet bloc.

For the complete article click here

HUFFINGTON POST

Mexico finally takes big step in recognizing Afro-Latinos

December 12, 2015

Mexico is home to a diverse population, but national censuses have excluded documentation of African lineage since the Mexican Revolution of 1910. For 95 years, the national identity for Mexico was "mestizaje," a term that only acknowledges interracial descendants of colonizers and indigenous communities.

For the complete article please click here


THE TELEGRAPH

Which nationalities are the most confrontational - and which are the most emotional?

December 11, 2015


When people from different parts of the world have to negotiate over any issue, cultural differences can often provide an obstacle to reaching an agreement.

For the complete article click here.

FINANCIAL TIMES

Dilemma for economy in thrall to Uncle Sam

December 15,  2015

The Bank of Mexico, known as Banxico, faces the prospect of having to raise its historically low 3 per cent benchmark rate at a time when inflation has been setting record lows for each of the past seven months and when GDP growth, while the envy of many at 2.6 per cent, remains far below expectations.

For the complete article click here.

 

WALL STREET JOURNAL

Learning Cuervo: Mexico teaches China the power of Tequila 

December 16, 2015

Sales of tequila in China this year are expected to reach $52.7 million, up 14% from a year earlier, according to market research firm Euromonitor, which said the U.S. is expected to down $5 billion worth of tequila this year.

To read complete article please click here

BLOOMBERG BUSINESS

Cemex seen poised for top Mexico gain following Fed-Fueled rout

December 16, 2015

The cement maker is set to benefit from gains next year in the U.S., its largest market by sales through September, said JPMorgan analyst Adrian Huerta.

For the complete article click here




 


THE GUARDIAN

How Mexico's most interesting team beat the odds and rose to success

December 16, 2015

The National Autonomous University of Mexico’s Pumas have managed to win more titles than any other Mexican league team since the turn of the century, despite having one of the lowest payrolls in the league.

For the complete article click here.



 

YAHOO NEWS 

Silver Bells? In Mexico, breaking pinatas herald the Christmas Season

December 16, 2015

The piñata may have originated in China, traveling to Italy, Spain, and eventually Mexico via conquistadors, but it’s an object deeply embedded in Mexican culture. The colorful party prop has transformed over the centuries from a Spanish tool for conversion to Christianity into a central part of birthday and other celebrations. But it still holds a special place in Christmas festivities.

For the complete article click here.
During the Winter Holiday Season the MexCC office will close from the 24th of December 2015, business activities will resume on the 4th of January 2016. Best wishes to all and happy holidays!
OUR PATRONS
                                
Share
Tweet
Share
Forward to Friend
Facebook
Facebook
Twitter
Twitter
Website
Website
Copyright © 2015 Mexican Chamber of Commerce, All rights reserved.

Our mailing address is:
1 Northumberland Avenue
Trafalgar Square
WC2N 5BW
London, United Kingdom 
unsubscribe from this list update subscription preferences