Changes

====Agriculture====  

====Agriculture====  

Mexico's agrarian reform program began in 1917, when the government began distribution of land to farmers. Extended further in the 1930s, delivery of land to peasants continued into the 1960s and 1970s at varying rates. This cooperative agrarian reform, which guaranteed small farmers a means of subsistence livelihood, also caused land fragmentation and lack of capital investment, since commonly held land could not be used as collateral. Additionally, only 12% of Mexico’s land area is arable, of which less than 3% is irrigated. This, coupled with a general lack of economic opportunity in rural areas, has made it difficult to raise the productivity and living standards of Mexico's subsistence farmers.  

Mexico's agrarian reform program began in 1917, when the government began distribution of land to farmers. Extended further in the 1930s, delivery of land to peasants continued into the 1960s and 1970s at varying rates. This cooperative agrarian reform, which guaranteed small farmers a means of subsistence livelihood, also caused land fragmentation and lack of capital investment, since commonly held land could not be used as collateral. Additionally, only 12% of Mexico’s land area is arable, of which less than 3% is irrigated. This, coupled with a general lack of economic opportunity in rural areas, has made it difficult to raise the productivity and living standards of Mexico's subsistence farmers.  

In an effort to raise rural productivity and living standards, Article 27 of the Mexican Constitution was amended in 1992 to allow for the transfer of communal land to the farmers cultivating it. They then could rent or sell the land, opening the way for larger farms and economies of scale. There have been few actual sales of communal land, and most have been limited primarily to suburban areas where land values are high. One inhibiting factor may be community opposition based on vested interests in maintaining the communal land system.  

In an effort to raise rural productivity and living standards, Article 27 of the Mexican Constitution was amended in 1992 to allow for the transfer of communal land to the farmers cultivating it. They then could rent or sell the land, opening the way for larger farms and economies of scale. There have been few actual sales of communal land, and most have been limited primarily to suburban areas where land values are high. One inhibiting factor may be community opposition based on vested interests in maintaining the communal land system.  

Mexico subsidizes agricultural production through various support programs, the most notable being the PROCAMPO initiative. Since the early 1990s, the availability of program payments has shifted from primarily grains and legumes to all commodities, provided a farmer was producing during a certain base period. Total support program funding for 2004 was approximately $2.4 billion, with PROCAMPO payments of $88 per hectare for producers with more than five hectares and $100 per hectare for producers with 1-5 hectares.  

Mexico subsidizes agricultural production through various support programs, the most notable being the PROCAMPO initiative. Since the early 1990s, the availability of program payments has shifted from primarily grains and legumes to all commodities, provided a farmer was producing during a certain base period. Total support program funding for 2004 was approximately $2.4 billion, with PROCAMPO payments of $88 per hectare for producers with more than five hectares and $100 per hectare for producers with 1-5 hectares.

====Manufacturing and Foreign Investment====  

====Manufacturing and Foreign Investment====