Mexico: Looking for Water

In many ways, the Mexican economy appears as hardy as a flowering desert cactus, a bright contrast to its hemisphere neighbors. For 1962, according to the Bank of Mexico. Latin America's thirdbiggest nation pushed its gross national product 4.2% higher than 1961; manufacturing output rose 5.2%, total investment was up 6%, and merchandise exports climbed 12.1%. Thus nourished, Mexico is fast developing a middle class.

But Mexico, for all its real advances, is still largely an agricultural nation; farming provides work for nearly half its 37 million population. In recent years, the...

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