Agriculture continues to be important to a number of Mexicans at the subsistance level. The government has made several attempts to consolidate the sector by making it possible for the development of large more profitable farms, but very few of Mexico's farmers have opted to sell their newly acquired land. During the past decade Mexico has made great strides to open its economy and in conjunction with a strict and well organized economic plan they continue to make changes to facilitate further growth. Analysts have described Mexico's economic policy as a sound platform for an extend period of growth. Mexico's economy has been rated one of the top three safest among emerging markets.
Inflation is also in the process of being tackled and single digit inflation is definitely insight.
Since 1982 the Mexican government has been privatizing the nation's industries, a plan which is continuing under the current government. Mexico has traditionally been plagued by post election financial crises. While there are many positives in the Mexican economy the banking sector is still believed to be vulnerable and because of the countries dependance on US trade it is very susceptible to downturns in the US economy. Mexico's minimum wage has increased substantially in recent years and as a result domestic consumption has risen. The government is also set to begin talks with Switzerland, Iceland, Norway, Singapore and Lichtenstein, and an agreement with Panama is hoped to be completed soon.