Jack Landsmanas, one of the top executives of the Mexican economy, outlines his take on the current volatility
– Jack Landsmanas
MIAMI, FLORIDA, UNITED STATES, December 18, 2021 /EINPresswire.com/ – One of the most striking subjects of analysis these days is the increase in the measurement of inflation. The old debates from the beginning of the last century seem to be gaining in relevance. Here are some excerpts from an interview we conducted with one of Mexico’s leading businessmen.
Given the constant uncertainty of global economies (inflation, exchange rate, stock market, etc.), how do you see the analysis of the problem starting to address? What path do you see to bring us back to the so-called pre-Covid normalcy?
As distribution chains normalize, central banks around the world will define their strategies to fight inflation. To date, these bottlenecks generate higher operating costs and hidden sales. Not only is there a problem with supply bottlenecks, but there is also a weakness. Climate change that previously did not have a significant impact can now produce serious collapses in supply chains, such as during the storm in Vancouver a few days ago, the Mexican businessman Jack Landsmanas said in an interview.
Jack Landsmanas, Mexican executive graduate of the University of Chicago, pointed out: Obviously, no one can be against just-in-time stocks and the globalization of the economy, but the underlying problem is the diversification of markets. supplies. Diversification is part of the solution to this problem, and the trend will show itself in the future. Diversifying supply chains can be an excellent opportunity for the Mexican economy.
What role should Mexico play in the face of these challenges?
From a macroeconomic perspective, recent episodes in the exchange rate, inflation and capital movements are a global trend in all emerging markets except China. On the supply chain side, for some products, the total cost of shipping delivered to the United States is cheaper if it is made in Mexico than in Asia. But the reality is that China is very efficient at making things. Building that capacity in Mexico will be difficult. But some industries have been successful, such as the auto industry. A great job has been done on this. We know other industries are looking south of the US border to get closer to their end markets. Many businesses are starting to appreciate the impact of supply chain disruptions because they know that once everything is fixed, it will happen again. We don’t know when, but we know it will happen again. Executive clarified Jack Landsmanas Stern
Finally, Mexican businessman Jack Landsmans said: What may have been lost in Mexico is a sectoral industrial policy to promote these supply chains. It is not just about leaving the matter to the market, and the auto industry has achieved this because various public and private sectors have focused on achieving these goals.
Jack Landsmanas Supply Chain