Despite of Mexico's economic slowdown of the last two decades, its information infra-structure has evolved at a good pace. The public library system increased the number of libraries by threefold. Several university libraries built new facilities and computer-ization has taken place with resources provided by FOMES, a special fund devoted to them by the Ministry of Public Education. Telecommunications, on the other hand, are growing fast with the opening of the state monopoly to foreign investment. Mexico has become one of the five leading nations in wireless communication. A second generation of satellites have been launched and computer networking has increased connectivity. Some universities have national computer networks, where Internet plays an important role. This progress is placing the country on the information shores of the Pacific Rim
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