Download or read book The Political Economy of Foreign Investment in Mexico written by Van R. Whiting and published by . This book was released on 1992 with total page 336 pages. Available in PDF, EPUB and Kindle. Book excerpt: Why did Mexico pursue a decades-long nationalist policy toward foreign investors? What were the results of that policy? Why did Mexico's leaders shift in the 1980s from nationalism to "Southern Liberalism"? In The Political Economy of Foreign Investment in Mexico, Van R. Whiting, Jr., examines the domestic and international forces that shape the political choices made by one of the Third World's largest and strongest states. Whiting contends that neither dependency nor statism is sufficient to explain foreign investment policy in Mexico. Political preferences and political choices do matter. But domestic and international structural constraints, he argues, bound the choices of policy makers. Globalization of capital and technology, for example, shapes policy options in a way that favors liberalization. In the first half of the book, Whiting examines Mexico's nationalist tradition and the limits of its foreign investment policies. The joint venture policy and the regulatory apparatus put in place in the 1970s did not succeed in replacing the capital, technology, and marketing capabilities of foreign firms. In the second half, he explains how international industrial structure limited national policy and created greater opportunities for liberalization. In his conclusion, Whiting highlights the importance of understanding "constrained choice" for moving beyond positivist explanations in social science. Using extensive fieldwork in Mexico, including more than a hundred interviews with policy makers and business executives, he shows how a powerful global trend toward industrial integration shaped choices and transformed constraints, increasing the importance of access to markets. ThePolitical Economy of Foreign Investment in Mexico will interest not only scholars and students in political science and other social sciences but also professionals in business, law, and public policy who need to understand the shift from nationalism to liberalism in major developing c
Download or read book Unequal Partners written by Sidney Weintraub and published by University of Pittsburgh Pre. This book was released on 2010-03-28 with total page 191 pages. Available in PDF, EPUB and Kindle. Book excerpt: Since Mexico's defeat in the Mexican-American War of the 1840s, the United States has dominated Mexico economically, militarily, and politically. This long history of asymmetry has created a Mexican distaste for "American arrogance" and an American vision of Mexico as its "backyard," and has damaged political negotiations, trade pacts, and capital flows, as suspicions and protectionism have undermined diplomacy. Despite this, the two nations remain joined at the hip: more than 80 percent of Mexico's exports are to the United States, and the majority of foreign investment in Mexico comes from America.In Unequal Partners, Sidney Weintraub examines the current relationship of Mexico and the United States as one of sustained dependence and dominance. The chapters examine the consequences of this imbalance in six major policy areas: trade; investment and finance; narcotics; energy; migration; and the border. The book begins in 1954 when the Mexican "growth miracle" was at its apex, and proceeds to the present. Special attention is paid to the post-1982 debt crisis era, when Mexico began a more outward-looking trade policy.As this study reveals, Mexico has often been its own worst enemy in foreign relations. Over the past thirty years, the country has been plagued by debt, currency fluctuations, tax collection problems, political corruption, and state-controlled business monopolies that block foreign investment and importation. These factors have created an environment of instability, damaged outside perceptions, and weakened Mexico's bargaining position. Weintraub considers future policy changes that would help Mexico to level the playing field. Improving the education system, he argues, will benefit nearly every other activity and institution, and opening the oil market to private investment and technology will help develop deep-water drilling and revitalize this significant export commodity. In foreign relations, Mexico must be assertive-as it has been in easing U.S. restrictions on goods traded through NAFTA, and demanding U.S. aid to fight drug cartels-not passive, as it currently is on U.S. anti-immigration policy and the proposed border wall. Perhaps most importantly, the study points to the deeper development of policies that are proactive and outward looking.
Download or read book Multinational Corporations written by Theodore H. Moran and published by Free Press. This book was released on 1985 with total page 312 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Political Economy of Mexico s Financial Reform written by Osvaldo Santin Quiroz and published by Routledge. This book was released on 2017-11-01 with total page 265 pages. Available in PDF, EPUB and Kindle. Book excerpt: This title was first published in 2001. An analysis of the political economy of Mexico's financial reform. It is organized in three parts. The first part - chapters one to four - develops the framework, both historical and institutional. The first chapter outlines the theoretical discussion on state autonomy and develops a simple analytical framework to study public policy decisions. The subsequent three chapters address three main themes: external dependency of domestic states on international capital, political change under President Carlos Salinas and financial policy in Mexico. The second part presents the analysis of three main institutional changes to the financial system - development banking reform, commercial banking privatisation and autonomy of the central bank. Each specific case study shows how the reforms conformed to the ideas of the dominant consensus on economic policy and how they delivered an inefficient incentive structure. The third part - chapter eight - brings together all the elements to explain Mexico's 1994 financial crisis.
Download or read book A Historical Examination of the Political Economy of the Mexican State and Its Impact on Foreign Policy written by Priscilla Elaine Falcon Lujan and published by . This book was released on 1993 with total page 380 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Economic Policy Reform in Mexico written by Leopoldo Solís and published by Elsevier. This book was released on 2013-09-11 with total page 236 pages. Available in PDF, EPUB and Kindle. Book excerpt: Economic Policy Reform in Mexico: A Case Study for Developing Countries is a five-chapter text about political economy that tries to assess the economic developments in Mexico, especially the attempt at economic reform in the early 1970s. The first chapter examines the period of Stabilizing Development to provide a framework necessary for judging the environment in which the attempts at economic reform were undertaken. This chapter is a piece of applied economics that tries to assess the too frequent attacks against that phase of economic policy. The following three chapters discuss the economic policy objectives of Echeverria's administration, the attempt at tax reform, and the change in the structure and practices of public spending. The final chapter evaluates the experience and draws some inferences about the nature of decision making in economic policy and the constraints faced by a government that wants to use economic policy as an instrument for the promotion of social welfare. This book will prove useful to economists, historians, and researchers.
Download or read book Community Diffusion North American Expansiveness written by Imtiaz Hussain and published by Universidad Iberoamericana. This book was released on 2008 with total page 372 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Political Economy of Mexico written by William P. Glade and published by . This book was released on 1968 with total page 282 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Confronting Development written by Kevin J. Middlebrook and published by Stanford University Press. This book was released on 2003 with total page 648 pages. Available in PDF, EPUB and Kindle. Book excerpt: Since the 1980s, Mexico has alternately served as a model of structural economic reform and as a cautionary example of the limitations associated with market-led development. This book provides a comprehensive, interdisciplinary assessment of the principal economic and social policies adopted by Mexico during the 1980s and 1990s.
Download or read book Foreign Investment in Mexico After Economic Reform written by Jorge Máttar and published by United Nations Publications. This book was released on 2002 with total page 52 pages. Available in PDF, EPUB and Kindle. Book excerpt: This publication reviews the economy of Mexico, and is divided into four main sections: the behaviour of aggregate investment and its relationship to the growth process; trends and performance of foreign direct investment (FDI); the behaviour and determining factors of investment in manufacturing; and the impact of investment patterns on the manufacturing industry's structure and export performance.
Download or read book The Effects of NAFTA on Mexico s Economy and Politics written by Won-Ho Kim and published by 대외경제정책연구원. This book was released on 2000 with total page 70 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Political Economy of Mexico s Entry to NAFTA written by Aaron Tornell and published by . This book was released on 1995 with total page 62 pages. Available in PDF, EPUB and Kindle. Book excerpt: In this paper, we derive three lessons from Mexico's experience. First, deep reforms like trade liberalization are not likely to happen by government decree. Instead, they usually come about when the unanimous blocking of reform by powerful elites breaks down. In the case of Mexico, this happened during a fiscal crisis, when some groups tried to displace other groups in order to capture a greater share of fiscal revenue. Second, in the presence of entrenched elites, the sustainability of reform depends on the existence of new groups that benefit from the new status quo and have enough power to defend it. Thus, the speed of successful reform is determined by the speed with which new groups are consolidated. Initially, Mexico limited radical liberalization to the manufacturing sector. The government has only recently begun to undertake serious liberalization in the services and agriculture sectors. The third lesson we take from Mexico is that the importance of formal agreements like NAFTA lies not so much in the ability of these agreements to reduce average import tariffs among their parties and improve their terms of trade vis vis the rest of the world, as claimed by the optimal tariff literature, but in that they serve as commitment devices to force reforms to continue.
Download or read book The Political Economy of Trade Liberalization and Integration written by Kwan S. Kim and published by . This book was released on 1993 with total page 74 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Mexico s Economic Dilemma written by James M. Cypher and published by Rowman & Littlefield Publishers. This book was released on 2010-07-16 with total page 237 pages. Available in PDF, EPUB and Kindle. Book excerpt: Written by two leading scholars, this book provides a detailed analysis of Mexico's political economy. James M. Cypher and Raúl Delgado Wise begin with an examination of Mexico's pivotal economic crisis of the 1980s and the consequent turn toward an export-led economy, later anchored by NAFTA. They show how Mexico, after abandoning frequently successful past practices of state-led development, disastrously tied its future to an unconditional reliance on foreign corporations to promote an export-led growth strategy. Focusing on Mexico's cheap labor export model, the authors use the maquiladora sector and the auto industry as case studies of the perils of globalization—the "race to the bottom" as capital becomes ever more international. The government's unconstrained free-market policies, they convincingly argue, have resulted in a fragmented economy marked by stagnation, falling wages, informal part-time employment, and massive migration, which define daily life for all but a tiny minority.
Download or read book Mexico s Political Economy written by Harvard University. Center for International Affairs and published by SAGE Publications, Incorporated. This book was released on 1982 with total page 254 pages. Available in PDF, EPUB and Kindle. Book excerpt: Monograph (essays) on the economic policy and economic relations of Mexico - studies the petroleum industry, export of agricultural products, and the motor vehicle industry (esp. Its trade unionization and labour relations) to illustrate the political aspects of economic growth and the implications for Mexico's foreign and trade relations, part. With the USA, discusses trade negotiations, emigration, economic structure changes, effects on the political system, etc. References and statistical tables.
Download or read book Nation States and the Multinational Corporation written by Nathan M. Jensen and published by Princeton University Press. This book was released on 2008-01-21 with total page 212 pages. Available in PDF, EPUB and Kindle. Book excerpt: What makes a country attractive to foreign investors? To what extent do conditions of governance and politics matter? This book provides the most systematic exploration to date of these crucial questions at the nexus of politics and economics. Using quantitative data and interviews with investment promotion agencies, investment location consultants, political risk insurers, and decision makers at multinational corporations, Nathan Jensen arrives at a surprising conclusion: Countries may be competing for international capital, but government fiscal policy--both taxation and spending--has little impact on multinationals' investment decisions. Although government policy has a limited ability to determine patterns of foreign direct investment (FDI) inflows, political institutions are central to explaining why some countries are more successful in attracting international capital. First, democratic institutions lower political risks for multinational corporations. Indeed, they lead to massive amounts of foreign direct investment. Second, politically federal institutions, in contrast to fiscally federal institutions, lower political risks for multinationals and allow host countries to attract higher levels of FDI inflows. Third, the International Monetary Fund, often cited as a catalyst for promoting foreign investment, actually deters multinationals from investment in countries under IMF programs. Even after controlling for the factors that lead countries to seek IMF support, IMF agreements are associated with much lower levels of FDI inflows.
Download or read book Transnational Corporations versus the State written by Douglas C. Bennett and published by Princeton University Press. This book was released on 2014-07-14 with total page 315 pages. Available in PDF, EPUB and Kindle. Book excerpt: The historical-structural method employed here rejects analyses that are excessively voluntaristic or deterministic. The authors show that while the state was able to mitigate certain adverse consequences of TNC strategies, new forms of dependency continued to limit Mexico's options. Originally published in 1985. The Princeton Legacy Library uses the latest print-on-demand technology to again make available previously out-of-print books from the distinguished backlist of Princeton University Press. These editions preserve the original texts of these important books while presenting them in durable paperback and hardcover editions. The goal of the Princeton Legacy Library is to vastly increase access to the rich scholarly heritage found in the thousands of books published by Princeton University Press since its founding in 1905.
