2014 New Mexico Export Recap

In 2014, New Mexico led all U.S. states in percentage growth of exports to Mexico with 93% increase. The next highest state was Montana, which saw its exports to Mexico grow by More »

The Role of Southern New Mexico in the Economy

The Federal Reserve Bank of Dallas, El Paso Branch, in partnership with the College of Business at New Mexico State University, presented “the Role of Southern New Mexico in the Economy Conference” More »

Governor Martinez Celebrates the Success of IBA Client, Southwest Steel Coil

On September 19, IBA client and SBA Region Five Exporter of the Year, Southwest Steel Coil (SSC), held an open house for the public to view their latest expansion in Santa Teresa. More »

Roundtable Discussion with Congressman Steve Pearce at Santa Teresa Country Club

On August 19, the IBA assisted in coordinating a roundtable discussion with U.S. Congressman Steve Pearce in Santa Teresa. Homebuilders and developers from the Santa Teresa/Sunland Park region were invited to participate More »

IBA Helps Coordinate Governor Susana Martinez’s Visit to Santa Teresa

On July 25th, the IBA helped coordinate a visit by Governor Susana Martinez and New Mexico Economic Development Department Secretary Jon Barela to Santa Teresa. These officials were in town to announce More »


China’s Changing Demographics

By Jerry Pacheco

On October 29, the Chinese government announced plans to end its one-child policy in March 2016. The program was put into place in 1979 by then Chinese ruler Deng Xiaoping, who made it his mission to set China on an ambitious course of economic development, coming on the heels of the death of Chairman Mao Tse Tung.  As the country’s population passed one billion in the 1970s, Deng saw the high population growth as being detrimental to his party’s plans. Therefore, the one-child-per-couple policy was instituted in order to curtail the extra burden of a massive population on an ambitious central government that was intent on modernizing China. With its latest announcement, the Chinese government is now allowing two children per couple.

The Quandary of Maquiladora Labor

By Jerry Pacheco

Ten years ago when Mexico’s maquiladora (twin plant) industry was experiencing 20 percent annual growth, the flow of labor that worked in the manufacturing plants became an issue. To fill the huge labor demand, Mexicans from interior states such as Guerrero and Veracruz migrated to cities such as Juarez to seek employment within the maquiladora industry. At one point, Juarez’s population was growing by more than 50,000 people per year.

This influx of humanity to Mexico’s border region caused many issues. On one level, available, affordable housing was consumed rapidly. Schools and social services were strained, and officials struggled to attend to the new municipal residents. Sprawl occurred in places such as south Juarez where housing, some inhabitable and some slapped together with cardboard and pallets, was quickly erected.

Linda Kay Jones

Linda Kay Jones

Linda Kay Jones

Economic development is putting into force the elements that allow for human development, one person at a time – that is my own definition. I think this is lost when we vie to recruit the next big deal or get a local company to expand. Sometimes, I think we go off the deep end in rushing to create new growth and to cut ribbons without contemplating how this is helping individual people. Economic development is harnessing the elements you have at hand to put together programs that result in jobs and investment. And economic development, like charity, starts at home. It takes people who are willing to be creative, work hard, and face a multitude of detractors to make things happen. My friend Linda Kay Jones fits this profile better than anybody I have known.