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Author: Santiago Levy Algazi
Publisher: Inter-American Development Bank
ISBN: 1597823058
Category : Business & Economics
Languages : en
Pages : 323
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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: Santiago Levy Algazi
Publisher: Inter-American Development Bank
ISBN: 1597823058
Category : Business & Economics
Languages : en
Pages : 323
Get Book Here
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: Christy Thornton
Publisher: University of California Press
ISBN: 0520297164
Category : History
Languages : en
Pages : 310
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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: Enrique Cárdenas
Publisher: World Economies
ISBN: 9781788212670
Category : Economic development
Languages : en
Pages : 0
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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: Kevin J. Middlebrook
Publisher: Stanford University Press
ISBN: 0804745897
Category : History
Languages : en
Pages : 648
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Book Description
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.
Author: OECD
Publisher: OECD Publishing
ISBN: 9264779868
Category :
Languages : en
Pages : 127
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Book Description
Mexico is recovering from a pandemic that had deep economic and social impacts. Informal workers, women and youth were particularly hit, exacerbating long-standing social challenges. Mexico’s solid macroeconomic policy framework safeguarded macroeconomic stability. But medium term growth prospects have weakened and growth over the past two decades has been low.
Author: Alejandra Trejo Nieto
Publisher: Routledge
ISBN: 0429850573
Category : Business & Economics
Languages : en
Pages : 223
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Book Description
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.
Author: Santiago Levy
Publisher: Rowman & Littlefield
ISBN: 0815701632
Category : Political Science
Languages : en
Pages : 377
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Book Description
Despite various reform efforts, Mexico has experienced economic stability but little growth. Today more than half of all Mexican workers are employed informally, and one out of every four is poor. Good Intentions, Bad Outcomes argues that incoherent social programs significantly contribute to this state of affairs and it suggests reforms to improve the situation. Over the past decade, Mexico has channeled an increasing number of resources into subsidizing the creation of low-productivity, informal jobs. These social programs have hampered growth, fostered illegality, and provided erratic protection to workers, trapping many in poverty. Informality has boxed Mexico into a dilemma: provide benefits to informal workers at the expense of lower growth and reduced productivity or leave millions of workers without benefits. Former finance official Santiago Levy proposes how to convert the existing system of social security for formal workers into universal social entitlements. He advocates eliminating wage-based social security contributions and raising consumption taxes on higher-income households to simultaneously increase the rate of growth of GDP, reduce inequality, and improve benefits for workers. Go od Intentions, Bad Outcomes considers whether Mexico can build on the success of Progresa-Oportunidades, a targeted poverty alleviation program that originated in Mexico and has been replicated in over 25 countries as well as in New York City. It sets forth a plan to reform social and economic policy, an essential element of a more equitable and sustainable development strategy for Mexico.
Author: D. Papadimitriou
Publisher: Springer
ISBN: 1137450967
Category : Social Science
Languages : en
Pages : 391
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Book Description
This study combines lessons drawn from events and experiences of developing countries and examines them in relation to Jan Kregel's ideas on economics and development. The contributors provide in-depth analysis on: financial stability and crises, monetary systems, banking, global governance, employment, inflation and political economy
Author: Jeff Bortz
Publisher: Stanford University Press
ISBN: 9780804742085
Category : Business & Economics
Languages : en
Pages : 372
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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: James M. Cypher
Publisher: Rowman & Littlefield Publishers
ISBN: 0742568482
Category : Political Science
Languages : en
Pages : 237
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Book Description
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.
