Mexico finds itself in a terrible bind right now, the challenge of luring visitors back to Mexico. Tourism is one of Mexico's biggest revenue generators, and at the moment Mexico City alone is losing 100 million dollars a day. It seems that Mexico is indeed safe to visit, but how do you convince tourists of that. Apparently the government is very close to launching a huge ad campaign to re-generate tourism, but it will certainly be an up-hill battle. In era of economic uncertainty, this could indeed be devastating to the Mexican economy. You can read this story, and all the latest news on H1N1 by clicking here.
Tuesday, May 5, 2009
Mexico's Most Tragic Victim of "Swine Flu"-- The ECONOMY
Mexico finds itself in a terrible bind right now, the challenge of luring visitors back to Mexico. Tourism is one of Mexico's biggest revenue generators, and at the moment Mexico City alone is losing 100 million dollars a day. It seems that Mexico is indeed safe to visit, but how do you convince tourists of that. Apparently the government is very close to launching a huge ad campaign to re-generate tourism, but it will certainly be an up-hill battle. In era of economic uncertainty, this could indeed be devastating to the Mexican economy. You can read this story, and all the latest news on H1N1 by clicking here.
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23 comments:
this wasn't very well thought through, the decision to close Mexico temporarily, in an economic crisis it could be devestating like you stated, especially the people in the informal economy, the ones struggling most. I don't think this is a govrnment plan to suppress the poor, the economic impact was overlooked or put on the backburner to treating the pandemic.
I think Mexico, just like everyone else blew the whole swine flu thing way out of proportion. I can understand maybe quarantining the areas where swine flu outbreaks occured but closing off the ntire country when it relies so heavily on tourism was nit a good idea. In the end, that choice could end up being more devastating than swine flu itself.
What bugs me the most is that the swine flue is only as dangerous as the regular flu. people are freaking out even though its killed about 150 confirmed; compare that to the world and thats not even .01% of the world population. its pretty sad that mexico's economy is falling because of the fear the media caused...
People are scared which is totally normal for this situation. The fact that they literally closed the city down makes people look at it as really extreme and of course people looking to go enjoy a vacation or what not would be looking into a place that is a little safer. The amount of money Mexico city is loosing is tremendous!!
I had no idea that closing down a city from tourists and such for a few days would cause that much economic turmoil.
honestly, i just didnt think that tourism was such an important economic commodity to all of mexico. Their economy is taking an epic downfall, and yeahh they might have taken things out of proportion and now they are messed up economically for a long time due to the scare...i wish we could help them but ahh i honestly would not travel down there today!
so im guessing the whole sine flu is kind of not much of a problem as it was last week. that's good to hear that Mexico is safe again. hopefully all those people there can go back to their homes like in Mexico City. & i think by maybe june or july, hopefully everything will be back to normal.
the swine flu was just over exaggerated.
well that sucks that mexicos economy is being shot because of the swine flu. losing 100 million dollars a day will destroy meicos economy unless they get tourists back. my question is if the swine flu is over in mexico and its ok to go back there how come in the picture they are still wearing the masks? and why is it really only in mexico? like i know that other countries get it but its really centered in mexico. why is no other country affected?
Wow, well i personally think that this swine flu thing is getting blown way out of proportion. People in the United States are already recovering from it yet people are still fleeing. And its getting really annoying whenever someone coughs and then u can hear someone say OMG SWINE FLU!!! lol
Ok just to make sure I'm clear- Prill didnt you tell us that closing the borders was only going to reduce like 10% of cases or some number like that? If thats the case with Mexico's crappy economy why were the avenues where the economy was decent (TOURISM) forced to close? I doesnt seem like a very educated decision, just a way to keep people content and not flying into a panic.
i think that the should not have closed of all of Mexico city during the bad economy, and just closed off areas where it was a problem. i think this is being considered a bigger problem then it really is.
im glad they shut down the city. it stopped this thing from getting worse. but it does suck. i wouldnt go back to mexico for like a year or more. maybe this will show that places like mexico shouldnt be dependent on one thing, like travel.
wow its surprising to see that by shutting down a city due to the swine flu can cause so many problems in the area
I guess swine flu is in a bit lower news now. People seem pretty comfortable with it just being a flu, and soon there will be a cure. No worries. But what if there were to be something big like this, and we all turned away...? There'd be a pretty epic "The Boy who cried wolf."
closing the business in mexico is both bad and good. the economy is hurt but the virus has a harder time spreading. I think the masks would be more effective then closing down the whole city. It would be the opint between both of the two taht would allow for people to remain clean and still conduct business.
this is tough to read because the people of mexico are suffering. It's already hard enough to get tourits to go back but also when I hear things like the new rendition of "Blame It" (the lyrics are changed to where it says swine flu got you feeling blue, blame it on the mex mexi mex mexicans.) -It's just disappointing. tha is spreading bad rumors about a country who a) had no control over it and b) is trying to help it's people out of a hole now.
This BBC article was very shocking to me. I had never thought of the heavy role that tourism played in the Mexican economy. And to think that with the closure of many restaurants and other entertainment places, the capital alone is losing one hundred million US dollares a day. The Camino Real hotel really brings the situation into context. With over 700 rooms available, only forty or fewer are occupied. When we talked about Mexico in class, we said that they were the model for other Latin American countries. It will be interesting to see the effect that swine flu has on Latin America as a whole.
A bad economy was eminent with this swine flu scare. I figured that that would happen since people were not goin to mexico with the risk of getting this flu that was depicted to be horrendous. yeah it is a problem for developing countries and the occasional people in the developed country, but it is sad that mexico has to suffer from that, panic, and economic instability. I think you should definitely go to Mexico, mr prill cause it would be one more person that they have to contribute to their economy. Every little bit counts.
Yes, Mexico did experience deaths and the most swine flu cases in the world, but I think this outbreak has come to a simmer, it's not that big of a deal anymore. For precautionary sakes, Mexico decided to isolate some tourist areas in order to handle this outbreak and make the situation better. But it ended up leading to people being extremely worried and skeptical about ever visiting Mexico again. The Camino Real hotel has more than 700 rooms, yet less than 40 are being occupied? "Government figures put the decline in revenue at close to 50%. " They're losing HALF of the money made from tourism, a big sector of the Mexican economy. Eventually, I think people will get over this and realize that as long as they have the right medication and the money to receive that treatment, they'll be fine no matter where they are. Like you said, this was more a problem of who has money to treat this and who doesn't.
Everyone made a much bigger deal out of the swine flew than what it really was and it really hurt mexico. mexico was kind of isolated from the rest of the world for a couple weeks and that really hurt their economy.
they made too big of a deal out of swine flu, it wasnt very dangerous and only killed a few. and the idea to close mexico, that cant seem like a good idea in anyones eyes.you cant put an economy on pause.
that picture kinda sums it all up in my opinion. it kinda looks like he is playing the violin at his own funeral. him wearing the mask only makes it worst. its just terrible
This is a really tough situation. How in the world can you get tourists to come over there if you just closed a city down from sickness. The only thing is, shouldn't they have thought of that? I mean, I'd understand if it was like a disease that could kill out the whole world but its only because of Mexico's health care...
Humph.
Sapp.
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