Download or read book Under Rewarded Efforts written by Santiago Levy Algazi and published by Inter-American Development Bank. This book was released on 2018-07-11 with total page 323 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Download or read book Mexico written by Nora Claudia Lustig and published by Brookings Institution Press. This book was released on 2000-12-13 with total page 324 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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
Download or read book Development and Growth in the Mexican Economy written by Juan Carlos Moreno-Brid and published by Oxford University Press. This book was released on 2009-04-23 with total page 325 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Download or read book Revolution in Development written by Christy Thornton and published by University of California Press. This book was released on 2021-01-05 with total page 310 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Download or read book Mexico s Recent Economic Growth written by and published by University of Texas Press. This book was released on 2014-11-11 with total page 234 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Download or read book Mexico the Remaking of an Economy written by Nora Lustig and published by Brookings Institution Press. This book was released on 1992 with total page 216 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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 output growth has increased. Mexico's recovery, however, has been neither fast nor smooth, and the social costs the country has borne for the past several years have been very large. In 1982, Mexico faced a severe balance-of-payments crisis. Rampant inflation, capital flight, and a collapse of economic activity were the consequences of an overexpansionist fiscal policy and adverse external conditions. For the next five years, the Mexican government struggled to restore stability and growth without success. Falling oil prices and lack of adequate external financing made these goals extremely difficult to achieve. With the implementation of the Economic Solidarity Pact, inflation was finally brought down in 1988. However, fiscal discipline and far-reaching reforms notwithstanding, growth did not follow. To convince investors to put their capital in Mexico required something more. Initiatives such as the reprivatization of the banking system and the pursuit of a free trade agreement with the United States finally produced the observed turnaround starting in 1990. In this book, Nora Lustig tells the story of adjustment and reform in Mexico from the onset of the debt crisis in 1982 through the early 1990s when the sweeping reforms began to bear fruit. The author looks closely at the social costs of adjustment and who bore the greatest share. In addition, she explores the characteristics of the new development strategy and analyzes the motivations and potential consequences of Mexico's search for greatereconomic integration with the United States.
Download or read book Mexico And Mexico City In The World Economy written by Edgar W Butler and published by Routledge. This book was released on 2018-10-08 with total page 402 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Download or read book From the Grounds Up written by Casey Marina Lurtz and published by Stanford University Press. This book was released on 2019-04-23 with total page 459 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Download or read book Understanding the Mexican Economy written by Roy Boyd and published by Emerald Group Publishing. This book was released on 2018-11-06 with total page 233 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Download or read book Metropolitan Economic Development written by Alejandra Trejo Nieto and published by Routledge. This book was released on 2019-08-28 with total page 229 pages. Available in PDF, EPUB and Kindle. Book excerpt: Metropolitan areas are home to a significant proportion of the world’s population and its economic output. Taking Mexico as a case study and weaving in comparisons from Latin America and developed countries, this book explores current trends and policy issues around urbanisation, metropolisation, economic development and city-region governance. Despite their fundamental economic relevance, the analysis and monitoring of metropolitan economies in Mexico and other countries in the Global South under a comparative perspective are relatively scarce. This volume contains empirical analysis based on comparative perspectives with relation to international experiences. It will be of interest to advanced students, researchers and policymakers in urban policy, urban economics, regional studies, economic geography and Latin American studies.
Download or read book The Mexican Economy 1870 1930 written by Jeff Bortz and published by Stanford University Press. This book was released on 2002 with total page 372 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Download or read book Mexico s Economy written by Robert E. Looney and published by Routledge. This book was released on 2019-03-04 with total page 272 pages. Available in PDF, EPUB and Kindle. Book excerpt: In the spring of 1976, I had the privilege of serving on a Stanford Research Institute team engaged in examining various facets of the Mexican economy. That study provided the opportunity to visit many government ministries and talk with some of Mexico's leading economists. These professional experiences stimulated me to undertake full-scale research on the growth potential of the Mexican economy, a subject in which I had long been interested and on which I had written from time to time, beginning with my book Income Distribution Policies and Economic Growth in Semi-Industrialized Countries: A Comparative Study of Iran, Mexico, Brazil, and South Korea. 1 The present volume might be regarded as the culmination of this endeavor. The methodological approach here is partly descriptive and partly empirical-illustrative formal models are built on both qualitative and theoretical foundations. To sharpen the issue and put the Mexican economy in perspective, international comparisons are made through-out.
Download or read book Mexican Economy After the Global Financial Crisis written by M. Angeles Villareal and published by DIANE Publishing. This book was released on 2011 with total page 24 pages. Available in PDF, EPUB and Kindle. Book excerpt: This is a print on demand edition of a hard to find publication. Mexico and the U.S. have strong economic, political, and social ties, which have direct policy implications related to bilateral trade, economic competitiveness, migration, and border security. The global financial crisis that began in 2008 and the U.S. economic downturn had strong adverse effects on the Mexican economy. Contents of this report: (1) Intro.; (2) Overview of Mexico¿s Economy: Current Conditions; Ties to the U.S. Economy; Past Economic Policies and Reforms; Effects of the Global Financial Crisis; (3) Effect on Mexico¿s GDP Growth; Exports; Employment; Mfg.; Energy Sector; Foreign Direct Investment Declines; Fall in Remittances; (4) Structural and Other Economic Challenges; (5) Implications for the U.S. Illus.
Download or read book Vendors Capitalism written by Ingrid Bleynat and published by Stanford University Press. This book was released on 2021-07-27 with total page 328 pages. Available in PDF, EPUB and Kindle. Book excerpt: Mexico City's public markets were integral to the country's economic development, bolstering the expansion of capitalism from the mid-nineteenth to mid-twentieth centuries. These publicly owned and operated markets supplied households with everyday necessities and generated revenue for local authorities. At the same time, they were embedded in a wider network of economic and social relations that gave market vendors an influence far beyond the running of their stalls. As they fed the capital's population, these vendors fought to protect their own livelihoods, shaping the public sphere and broadening the scope of popular politics. Vendors' Capitalism argues for the centrality of Mexico City's public markets to the political economy of the city from the restoration of the Republic in 1867 to the heyday of the Mexican miracle and the PRI in the 1960s. Each day vendors interacted with customers, suppliers, government officials, and politicians, and the multiple conflicts that arose repeatedly tested the institutional capacity of the state. Through a close reading of the archives and an analysis of vendors' intersecting economic and political lives, Ingrid Bleynat explores the dynamics, as well as the limits, of capitalist development in Mexico.
Download or read book Distorted Development written by David Barkin and published by Routledge. This book was released on 2019-05-20 with total page 167 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book offers an analysis of some of Mexico's most pressing problems. It is designed to help the reader understand the underlying dynamic processes shaping Mexican society and the Mexican economy. The chapters present a vision of a common pattern of distorted development that assumes unique forms in different parts of economic and social life.
Download or read book Mexico Economy written by Fouad Sabry and published by One Billion Knowledgeable. This book was released on 2024-04-01 with total page 440 pages. Available in PDF, EPUB and Kindle. Book excerpt: What is Mexico Economy The economy of Mexico is a developing mixed-market economy. It is the 12th largest in the world in nominal GDP terms and by purchasing power parity. Since the 1994 crisis, administrations have improved the country's macroeconomic fundamentals. Mexico was not significantly influenced by the 2002 South American crisis, and maintained positive, although low, rates of growth after a brief period of stagnation in 2001. However, Mexico was one of the Latin American nations most affected by the 2008 recession with its gross domestic product contracting by more than 6% in that year. How you will benefit (I) Insights, and validations about the following topics: Chapter 1: Economy of Mexico Chapter 2: Economy of Canada Chapter 3: Economy of Chile Chapter 4: Economy of Costa Rica Chapter 5: Economy of Colombia Chapter 6: Economy of Indonesia Chapter 7: Economy of Jamaica Chapter 8: Economy of Malaysia Chapter 9: Economy of Nicaragua Chapter 10: North American Free Trade Agreement Chapter 11: Economy of Poland Chapter 12: Economy of Russia Chapter 13: Economy of South Korea Chapter 14: Economy of Switzerland Chapter 15: Economy of Taiwan Chapter 16: Economy of Thailand Chapter 17: Economy of Vietnam Chapter 18: Economy of South Africa Chapter 19: Economy of North America Chapter 20: NAFTA's effect on United States employment Chapter 21: Manufacturing in the United States (II) Answering the public top questions about mexico economy. (III) Real world examples for the usage of mexico economy in many fields. Who this book is for Professionals, undergraduate and graduate students, enthusiasts, hobbyists, and those who want to go beyond basic knowledge or information for any kind of Mexico Economy.
Download or read book The Mexican Economy written by Enrique Cárdenas and published by World Economies. This book was released on 2022-10-20 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
