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Author: Enrique Cárdenas Publisher: World Economies ISBN: 9781788212670 Category : Economic development Languages : en Pages : 0
Book Description
Mexico is the fifteenth largest economy in the world and Latin America's biggest exporter and importer. There are, however, two Mexicos: one more prosperous, advanced and modern, the other poor, isolated and backward, and this polarization characterizes much of Mexico's recent economic development. This book charts Mexico's modern economic history as well as its current structure, its regional differences, and the productivity gaps and economic challenges it faces. It examines the relative robustness of recent macroeconomic fundamentals alongside industry-level economic trends, especially those sectors dependent on exports through the North American free trade agreement. The book covers demographic trends, urbanization, education and health, and migration to the North. The economic impact of Mexico's long border with the United States is given particular focus. As are drugs, organized crime and the country's entrenched corruption. The book offers a concise and up to date analysis of Mexico's economic development and the country's political economy suitable for a range of courses in Latin American studies and Development Studies.
Author: Enrique Cárdenas Publisher: World Economies ISBN: 9781788212670 Category : Economic development Languages : en Pages : 0
Book Description
Mexico is the fifteenth largest economy in the world and Latin America's biggest exporter and importer. There are, however, two Mexicos: one more prosperous, advanced and modern, the other poor, isolated and backward, and this polarization characterizes much of Mexico's recent economic development. This book charts Mexico's modern economic history as well as its current structure, its regional differences, and the productivity gaps and economic challenges it faces. It examines the relative robustness of recent macroeconomic fundamentals alongside industry-level economic trends, especially those sectors dependent on exports through the North American free trade agreement. The book covers demographic trends, urbanization, education and health, and migration to the North. The economic impact of Mexico's long border with the United States is given particular focus. As are drugs, organized crime and the country's entrenched corruption. The book offers a concise and up to date analysis of Mexico's economic development and the country's political economy suitable for a range of courses in Latin American studies and Development Studies.
Author: Roy Boyd Publisher: Emerald Group Publishing ISBN: 1787690660 Category : Business & Economics Languages : en Pages : 233
Book Description
This book provides a full, historical, economic, and political context through which to understand the actions of the people and government of Mexico, and it gives insights into how those actions impinge -- and might continue to impinge -- on the United States.
Author: Jeff Bortz Publisher: Stanford University Press ISBN: 9780804742085 Category : Business & Economics Languages : en Pages : 372
Book Description
Studying the interaction of political and economic institutions in Mexico during the period of 1870-1930, this book shows how institutional change can foment economic growth.
Author: Juan Carlos Moreno-Brid Publisher: Oxford University Press ISBN: 0199707855 Category : Business & Economics Languages : en Pages : 325
Book Description
This book is the first comprehensive and systematic English-language treatment of Mexico's economic history to appear in nearly forty years. Drawing on several years of in-depth research, Juan Carlos Moreno-Brid and Jaime Ros, two of the foremost experts on the Mexican economy, examine Mexico's current development policies and problems from a historical perspective. They review long-term trends in the Mexican economy and analyze past episodes of radical shifts in development strategy and in the role of markets and the state. This book provides an overview of Mexico's economic development since Independence that compares the successive periods of stagnation and growth that alternately have characterized Mexico's economic history. It gives special attention to developments since 1940, and it presents a re-evaluation of Mexico's development policies during the State-led industrialization period from 1940 to 1982 as well as during the more recent market reform process. This reevaluation is critical of the dominant trend in economic literature and is revisionist in arguing that, in particular, the market reforms undertaken by successive Mexican governments since 1983 have not addressed the fundamental obstacles to economic growth. Development and Growth in the Mexican Economy also details the country's pioneering role in launching NAFTA, its membership in the OECD, and its radical macroeconomic reforms. Carefully argued and meticulously researched, the book presents a wide-ranging, authoritative study that not only pinpoints problems, but also suggests solutions for removing obstacles to economic stability and pointing the Mexican economy toward the road to recovery.
Author: Christy Thornton Publisher: University of California Press ISBN: 0520297164 Category : History Languages : en Pages : 310
Book Description
Revolution in Development uncovers the surprising influence of postrevolutionary Mexico on the twentieth century's most important international economic institutions. Drawing on extensive archival research in Mexico, the United States, and Great Britain, Christy Thornton meticulously traces how Mexican officials repeatedly rallied Third World leaders to campaign for representation in global organizations and redistribution through multilateral institutions. By decentering the United States and Europe in the history of global economic governance, Revolution in Development shows how Mexican economists, diplomats, and politicians fought for more than five decades to reform the rules and institutions of the global capitalist economy. In so doing, the book demonstrates, Mexican officials shaped not only their own domestic economic prospects but also the contours of the project of international development itself.
Author: Santiago Levy Algazi Publisher: Inter-American Development Bank ISBN: 1597823058 Category : Business & Economics Languages : en Pages : 323
Book Description
Why has an economy that has done so many things right failed to grow fast? Under-Rewarded Efforts traces Mexico’s disappointing growth to flawed microeconomic policies that have suppressed productivity growth and nullified the expected benefits of the country’s reform efforts. Fast growth will not occur doing more of the same or focusing on issues that may be key bottlenecks to productivity growth elsewhere, but not in Mexico. It will only result from inclusive institutions that effectively protect workers against risks, redistribute towards those in need, and simultaneously align entrepreneurs’ and workers’ incentives to raise productivity.
Author: Publisher: University of Texas Press ISBN: 147730648X Category : Political Science Languages : en Pages : 234
Book Description
The Mexican economy underwent a process of growth and transformation in the twentieth century, which was confirmed by the indexes and figures that economists use to chart the rate of growth, even allowing for possible inaccuracies in these figures. This volume of six essays makes readily available to English-speaking readers a selection of significant contributions by outstanding Mexican economists dealing with the mid-twentieth-century growth of the Mexican economy. Enrique Pérez López provides an overview of the development of the gross national product in the economy and the structural changes that were imperative if basic social goals were to be implemented and the optimal adjustments to changing world conditions effected. Ernesto Fernández Hurtado discusses the process of accommodation and cooperation between the public and the private sectors that has contributed significantly to economic growth, stressing particularly the role of agriculture. Mario Ramón Beteta describes central bank policy and the functioning of the Central Bank, showing how control over credit and the banking system assures stability and accelerating growth through its credit rationing. Alfredo Navarrete R. traces the sources of domestic savings that have provided 90 percent of the capital employed in the economy since the Revolution, and Ifigenia M. de Navarrete demonstrates that rapid economic growth has not resulted in a more equitable distribution of income. Victor Urquidi stresses the balanced growth, achieved by allocating public capital formation to basic infrastructure, that has helped develop agriculture as well as industry, and indicates the nature of the structural change that must occur if the economy is to expand rapidly. In his introduction Tom E. Davis compares growth in Mexico with developments during the same period in Chile and Argentina. The country reached its midcentury standard of living after fifty years of drastic social and political changes under a constitution that altered the system and the concept of private property and the role of the state. These new concepts brought about changes in the structure of production and social relationships, together with a rise to new cultural, technical, and moral levels. These changes, in turn, placed Mexico in a new position with new problems. A question that must be answered is whether the economic goals of the future require a reappraisal of social relationships and of the ways of administering and utilizing the country’s resources and potential productivity.
Author: Nora Claudia Lustig Publisher: Brookings Institution Press ISBN: 9780815721246 Category : Business & Economics Languages : en Pages : 324
Book Description
Today Mexico is viewed as a success story in the management of economic adjustment and structural reform. Inflation is under control, capital and foreign investment are returning, and out growth has increased. Mexico's recovery, however, has been neither smooth nor rapid. In mid-1982, Mexico was in deep economic crisis compounded by an unfavorable international environment. Mexico was saddled with a large foreign debt, world interest rates were high, commercial banks had stopped lending, and the price for oil was dropping. Conditions at home were no better with rampant inflation, increasing capital flight, and chaos in financial and foreign exchange markets. To confront internal imbalances and accommodate adverse external conditions, Mexico adjusted its consumption and output, then sought new ways to foster growth. The crisis and adjustment imposed great hardship and demanded enormous discipline on the part of the government. This was accomplished without serious political or social disruption. In this book, Nora Lustig analyzes Mexico's economic evolution from the outset of the debt crisis in 1982 until the sweeping reforms began to bear fruit in the early 1990s. She explains the causes of the 1982 economic crisis and why it took Mexico "so long" to restore stability and growth. She also explores the question of the social costs of economic crisis and adjustment, and why the process may have been easier for Mexico than other debt-ridden countries. A discussion of the emerging role of the state in Mexico and the country's new outward-oriented development strategy is followed by an analysis of its search for greater economic integration with the United States and Canada. Selected by Choice as an Outstanding Book of 1992
Author: Edgar W Butler Publisher: Routledge ISBN: 0429978596 Category : Political Science Languages : en Pages : 402
Book Description
To understand contemporary Mexico, it is absolutely necessary to examine its level of development, and its relationship with the rest of the world. The level of development will, most likely, be related to the world system network, although the concepts are not identical. In Understanding Mexico and Mexico City in the World Economy, the authors aim to determine Mexico's level of development, and how Mexico fits into the world system.Through their research, the authors provide outcomes that will develop a more refined world systems approach. The book features cluster analyses of Mexican economic development levels, sector case studies including specific spatial analyses and maps of trends in Mexico, a systematic theoretic framework encompassing levels of the world, national, and local areas, and recent data presented through maps, tables, charts, and statistical summaries. The text will prove to be useful and practical for researchers, academics, and others interested in Mexico and its international linkages.
Author: Casey Marina Lurtz Publisher: Stanford University Press ISBN: 1503608476 Category : History Languages : en Pages : 459
Book Description
In the late nineteenth century, Latin American exports boomed. From Chihuahua to Patagonia, producers sent industrial fibers, tropical fruits, and staple goods across oceans to satisfy the ever-increasing demand from foreign markets. In southern Mexico's Soconusco district, the coffee trade would transform rural life. A regional history of the Soconusco as well as a study in commodity capitalism, From the Grounds Up places indigenous and mestizo villagers, migrant workers, and local politicians at the center of our understanding of the export boom. An isolated, impoverished backwater for most of the nineteenth century, by 1920, the Soconusco had transformed into a small but vibrant node in the web of global commerce. Alongside plantation owners and foreign investors, a dense but little-explored web of small-time producers, shopowners, and laborers played key roles in the rapid expansion of export production. Their deep engagement with rural development challenges the standard top-down narrative of market integration led by economic elites allied with a strong state. Here, Casey Marina Lurtz argues that the export boom owed its success to a diverse body of players whose choices had profound impacts on Latin America's export-driven economy during the first era of globalization.