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The seven main "stylized facts" of the Mexican economy since trade liberalization and NAFTA

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  • José Gabriel Palma

Abstract

In Mexico, a remarkably dynamic expansion of exports has been associated with a surprisingly poor overall growth performance. Moreover, this collapse of the export multiplier took place in a context of both massive inflows of foreign direct investment and unrestricted "market access" to the US--the first two items on all developing countries' growth agenda today. Therefore, the study of Mexico is an ideal scenario within which to assess the impact of the new development model on growth and "catching up." Copyright 2005, Oxford University Press.

Suggested Citation

  • José Gabriel Palma, 2005. "The seven main "stylized facts" of the Mexican economy since trade liberalization and NAFTA," Industrial and Corporate Change, Oxford University Press, vol. 14(6), pages 941-991, December.
  • Handle: RePEc:oup:indcch:v:14:y:2005:i:6:p:941-991
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    Cited by:

    1. José Gabriel Palma, 2011. "National Inequality in the Era of Globalisation: What do Recent Data Tell Us?," Chapters,in: The Handbook of Globalisation, Second Edition, chapter 7 Edward Elgar Publishing.
    2. José Gabriel Palma, 2006. "Globalizing Inequality: ‘Centrifugal’ and ‘Centripetal’ Forces at Work," Working Papers 35, United Nations, Department of Economics and Social Affairs.
    3. Gerardo Fujii-Gambero & Rosario Cervantes-Martínez, 2013. "Indirect Domestic Value Added in Mexico's Manufacturing Exports, by Origin and Destination Sector," Economics Working Paper Archive wp_760, Levy Economics Institute.
    4. repec:ris:revlde:1947 is not listed on IDEAS
    5. José Gabriel Palma, 2014. "Latin America's socail imagination since 1950. From one type of 'absolute certainties' to another - with no (far more creative)'uncomfortable uncertainties' in sight," Cambridge Working Papers in Economics 1416, Faculty of Economics, University of Cambridge.
    6. Cruz, Moritz, 2008. "Can Free Trade Guarantee Gains from Trade?," WIDER Working Paper Series 097, World Institute for Development Economic Research (UNU-WIDER).
    7. José Gabriel Palma, 2011. "Forum 2011," Development and Change, International Institute of Social Studies, vol. 42(1), pages 87-153, January.
    8. José Palma, 2015. "Globalizing Inequality: ‘Centrifugal’ and ‘Centripetal’ Forces at Work," Working Papers id:7199, eSocialSciences.
    9. Irani Arráiz & Francisca Henríquez & Rodolfo Stucchi, 2013. "Supplier development programs and firm performance: evidence from Chile," Small Business Economics, Springer, vol. 41(1), pages 277-293, June.
    10. Palma, J.G., 2013. "How to create a financial crisis by trying to avoid one: the Brazilian 1999-financial collapse as "Macho-Monetarism" can't handle "Bubble Thy Neighbour" levels of inflows," Cambridge Working Papers in Economics 1301, Faculty of Economics, University of Cambridge.

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