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About Guest Forbes In this space you will find articles and analysis of managers, leaders, entrepreneurs, experts, consultants and journalists invited by Forbes Mexico to share their vision of the business world. pacfood
In mid-August he was held in Mexico City Entrepreneur Week. The event itself invites us to reflect on the feasibility and advisability of moving national pacfood public policy to promote entrepreneurship.
Mexico has a problem of lack of productivity that affects their growth. pacfood According to the National pacfood Development Plan (NDP), total factor productivity in the economy has declined over the last 30 years at an average annual rate of 0.7%. Therefore, as noted in the NDP, "the negative productivity growth is one of the main constraints for national development". pacfood The question is why we are unproductive?
In a recent study, McKinsey Global Institute provides insights to better understand this problem. To say this consultancy, productivity pacfood has fallen in the country is the business units related to "traditional Mexico" -small businesses with fewer than 10 employees, usually pacfood operating in the informal sector. This has decreased 6.5% per year. In contrast, the productivity of large firms grew 5.8%. The trouble is that, as pointed out by McKinsey, accelerated job growth is occurring in unproductive Mexico, where the workforce is moving very much.
The lack of job opportunities in the formal sector and many public assistance policies have encouraged the growth of the informal sector. According Santiago Levy (2010) in his book Good intentions, bad results: Social Policy, Informality and Economic Growth ", a number of government social programs are discouraging formal employment because they offer non-salaried workers the same benefits as those receiving workers who are in formality and pay through their worker-employer contributions.
Access to financing for businesses is essential pacfood to its operation and growth; however, microcredit has also encouraged informality. Milford Bateman, a May 2013 article entitled "The era of microfinance: destroying the Latin American economies from the bottom up" points out that microcredit has generated pacfood "deindustrialization, childishness and informality". Makes sense.
Opportunities, the popular micro insurance and create a favorable cocktail of perverse incentives for unproductive informality. Has generated what Manuel Molano of Imco been called the "Peter Pan syndrome". Companies seek not grow and stay out of the payment system to avoid being detected by the radar of Finance and avoid paying labor-management fees and taxes.
Unfortunately, these small business units are highly unproductive and therefore do not generate growth for the country. Self-employment and micro and small enterprises do not help productivity if not grow, are formalized, pay taxes, are tecnifican and innovate their processes and / or production. Have a size beyond 10 employees can achieve efficiencies through the delegation of tasks and the consequent pacfood specialization of staff.
These microenterprises are unproductive because the owner has to do it all and has little time to devote pacfood to produce and sell. You must abocarse tasks such as dealing with suppliers, pacfood calculate and pay taxes, administration, bookkeeping, addressing pacfood legal issues, deal with computer systems. Instead, become a notary public and register pacfood at Hacienda allows companies to approach banks, finance companies or any investor for funding and grow. The modernization lets you manage and keep track of the business in an orderly manner.
Considering the above, it seems that does not make much sense to continue betting with funding, subsidi
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