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Forum 2005

Author

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  • Juan Carlos Moreno-Brid
  • Jesús Santamaría
  • Juan Carlos Rivas Valdivia

Abstract

type="main" xml:lang="en"> This article examines Mexico's industrial policy and economic performance, focusing on an analysis of the structural changes in its manufacturing sector associated with NAFTA. The aim of the article is to improve our understanding of why the post-NAFTA evolution of the Mexican economy has been characterized by lights and shadows, with low inflation, low budget deficits and a surge in non-oil exports on the one hand, and on the other hand a slower than expected expansion of economic activity and employment. The article also presents some policy implications on the need for a new development agenda if Mexico is to finally succeed in its quest for high and sustained economic growth.

Suggested Citation

  • Juan Carlos Moreno-Brid & Jesús Santamaría & Juan Carlos Rivas Valdivia, 2005. "Forum 2005," Development and Change, International Institute of Social Studies, vol. 36(6), pages 1095-1119, November.
  • Handle: RePEc:bla:devchg:v:36:y:2005:i:6:p:1095-1119
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    File URL: http://hdl.handle.net/10.1111/j.0012-155X.2005.00451.x
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    References listed on IDEAS

    as
    1. Moreno Brid, Juan Carlos & Ros, Jaime, 2004. "Mexico's market reforms in historical perspective," Revista CEPAL, Naciones Unidas Comisión Económica para América Latina y el Caribe (CEPAL), December.
    2. Ros, Jaime, 1993. "La reforma del régimen comercial en México durante los años ochenta: sus efectos económicos y dimensiones políticas," Series Históricas 9390, Naciones Unidas Comisión Económica para América Latina y el Caribe (CEPAL).
    3. Penelope Pacheco-López, 2004. "Does The Impact of Trade Liberalisation on Exports, Imports, the Balance of Payments and Growth: the Case of Mexico," Studies in Economics 0401, School of Economics, University of Kent.
    4. Buitelaar, Rudolf M. & Perez, Ramon Padilla, 2000. "Maquila, Economic Reform and Corporate Strategies," World Development, Elsevier, vol. 28(9), pages 1627-1642, September.
    5. Krueger, Anne O, 1998. "Why Trade Liberalisation Is Good for Growth," Economic Journal, Royal Economic Society, vol. 108(450), pages 1513-1522, September.
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