Development and Growth in the Mexican Economy

Development and Growth in the Mexican Economy
Author: Juan Carlos Moreno-Brid
Publisher: Oxford University Press
Total Pages: 325
Release: 2009-04-23
Genre: Business & Economics
ISBN: 0199707855

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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.

The Mexican Economy, 1870-1930

The Mexican Economy, 1870-1930
Author: Jeff Bortz
Publisher: Social Science History
Total Pages: 348
Release: 2002
Genre: Business & Economics
ISBN: 9780804742078

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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.

Mexico. Political System, Society, History, Economy and Obstacles to Economic Growth

Mexico. Political System, Society, History, Economy and Obstacles to Economic Growth
Author: Thomas Werner
Publisher: GRIN Verlag
Total Pages: 28
Release: 2018-06-07
Genre: Political Science
ISBN: 366872122X

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Seminar paper from the year 2017 in the subject Business economics - Economic Policy, grade: 1,3, Schmalkalden University of Applied Sciences, language: English, abstract: Mexico, the second largest economy in Latin America, finds itself confronted with several internal and external issues. In the prior year, the country experienced a decline of the economic growth. Major reasons are on the one hand, the uncertain future after the presidential election of Donald Trump, as well as the decreasing industrial production of the main trade partner, the USA. In consequence, the oil price fell, and the Mexican currency lost 20% of their value. On the other hand, the domestic market is strongly influenced by misallocation of educational funds, failed reforms, which increased the income inequality and organized crime. This essay will reflect briefly on these topics, to give a short overview of the country`s economic background andthe current situation. Furthermore, certain information about society, history and the political system will be provided to allow the reader a full insight into these connected topics.

Race, Nation, and Market

Race, Nation, and Market
Author: Richard Weiner
Publisher: University of Arizona Press
Total Pages: 182
Release: 2022-09-06
Genre: History
ISBN: 0816551391

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Prior to the Revolution of 1910, economic ideals were a dominant mode of political and social discourse in Mexico. Scholars have focused considerable attention on the expansion of the market economy during this period—particularly its political, economic, and social importance. Richard Weiner now enhances our understanding of the emergence of modern Mexico by exploring the market's immense symbolic significance. Race, Nation, and Market traces the intellectual strands of economic thought during the late Porfiriato. Even in the face of Díaz's political reign, the market became the dominant theme in national discourse as contemporaries of all political persuasions underscored its social and cultural effects. This work documents the ways in which liberals, radicals, and conservatives employed market rhetoric to establish their political identities and map out their courses of action, and it shows how the market became an emblem linked to the identity of each group. Weiner explains how the dominant political interests—the científicos, the Mexican Liberal Party, and the social Catholics—each conceived economic issues, and he compares how they rhetorically used their conceptions of the market to promote their political objectives. Some worshiped it as a deity that created social peace, political harmony, and material abundance, while others demonized it as a source of social destruction. Weiner delineates their approaches and reveals how distinct notions of race, gender, community, and nationality informed economic culture and contradicted a laissez-faire conception of society and economy. By focusing on these rhetorical contests, Race, Nation, and Market offers a new perspective on social mobilization in late nineteenth-century Mexico as it also explores the related field of Porfirian economic culture and thought, about which little thus far has been written. In the face of today's controversy over globalization, it offers a unique historical perspective on the market's long-standing significance to political activism.

Revolution in Development

Revolution in Development
Author: Christy Thornton
Publisher: University of California Press
Total Pages: 310
Release: 2021-01-05
Genre: History
ISBN: 0520297164

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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.

The Mexican Heartland

The Mexican Heartland
Author: John Tutino
Publisher: Princeton University Press
Total Pages: 513
Release: 2017-11-27
Genre: History
ISBN: 1400888840

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A major new history of capitalism from the perspective of the indigenous peoples of Mexico, who sustained and resisted it for centuries The Mexican Heartland provides a new history of capitalism from the perspective of the landed communities surrounding Mexico City. In a sweeping analytical narrative spanning the sixteenth century to today, John Tutino challenges our basic assumptions about the forces that shaped global capitalism—setting families and communities at the center of histories that transformed the world. Despite invasion, disease, and depopulation, Mexico’s heartland communities held strong on the land, adapting to sustain and shape the dynamic silver capitalism so pivotal to Spain’s empire and world trade for centuries after 1550. They joined in insurgencies that brought the collapse of silver and other key global trades after 1810 as Mexico became a nation, then struggled to keep land and self-rule in the face of liberal national projects. They drove Zapata’s 1910 revolution—a rising that rattled Mexico and the world of industrial capitalism. Although the revolt faced defeat, adamant communities forced a land reform that put them at the center of Mexico’s experiment in national capitalism after 1920. Then, from the 1950s, population growth and technical innovations drove people from rural communities to a metropolis spreading across the land. The heartland urbanized, leaving people searching for new lives—dependent, often desperate, yet still pressing their needs in a globalizing world. A masterful work of scholarship, The Mexican Heartland is the story of how landed communities and families around Mexico City sustained silver capitalism, challenged industrial capitalism—and now struggle under globalizing urban capitalism.

The Economic Development of Latin America Since Independence

The Economic Development of Latin America Since Independence
Author: Luis Bértola
Publisher: Oxford University Press (UK)
Total Pages: 330
Release: 2012-10-25
Genre: Business & Economics
ISBN: 0199662142

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A comprehensive and accessible overview of the economic history of Latin America over the two centuries since Independence. It considers its principal problems and the main policy trends and covers external trade, economic growth, and inequality.

Industry and Revolution

Industry and Revolution
Author: Aurora Gómez-Galvarriato
Publisher: Harvard University Press
Total Pages: 0
Release: 2013-06-03
Genre: Business & Economics
ISBN: 9780674072725

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The Mexican Revolution has long been considered a revolution of peasants. But Aurora Gómez-Galvarriato's investigation of the mill towns of the Orizaba Valley reveals that industrial workers played a neglected but essential role in shaping the Revolution. By tracing the introduction of mechanized industry into the valley, she connects the social and economic upheaval unleashed by new communication, transportation, and production technologies to the political unrest of the revolutionary decade. Industry and Revolution makes a convincing argument that the Mexican Revolution cannot be understood apart from the changes wrought by the Industrial Revolution, and thus provides a fresh perspective on both transformations. By organizing collectively on a wide scale, the spinners and weavers of the Orizaba Valley, along with other factory workers throughout Mexico, substantially improved their living and working conditions and fought to secure social and civil rights and reforms. Their campaigns fed the imaginations of the masses. The Constitution of 1917, which embodied the core ideals of the Mexican Revolution, bore the stamp of the industrial workers' influence. Their organizations grew powerful enough to recast the relationship between labor and capital, not only in the towns of the valley, but throughout the entire nation. The story of the Orizaba Valley offers insight into the interconnections between the social, political, and economic history of modern Mexico. The forces unleashed by the Mexican and the Industrial Revolutions remade the face of the nation and, as Gómez-Galvarriato shows, their consequences proved to be enduring.