Original paper
Re‐Examining the Case for a Vertical Industrial Policy in Mexico: A Step Backward or Forward?
Abstract
This article examines the evolution of Mexican industrial policy since World War II. From the 1950s, Mexico intervened actively in the economy, closed it off from international competition, and achieved high economic growth rates. At the same time, it faced serious imbalances in fiscal and external accounts, which resulted in the debt crisis of the early 1980s. Afterward, Mexico left the productive sphere and allowed the market to rule the...
Paper Details
Title
Re‐Examining the Case for a Vertical Industrial Policy in Mexico: A Step Backward or Forward?
Published Date
Nov 1, 2019
Journal
Volume
10
Issue
2
Pages
236 - 267
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Notes
History