||Mr. Carlos Abascal, Minister of Labour, opened the meeting, which was organized jointly by the ILO Office in Mexico and the Colegio of Mexico, a reputed academic centre specialized in social sciences and international affairs.
The one-day dialogue assembled 40 invited participants: high-level government, business and labour leaders, as well as representatives from civil society organizations, research institutions and the UN system. Participants characterized the Mexican experience of globalization as:
An economy that is transforming rapidly as a result of the NAFTA
A country in political transition
Over half the population is impoverished
Extreme inequality is a feature in Latin America that has worsened as the new poverty arises in Mexico and elsewhere.