IDEAS home Printed from https://ideas.repec.org/p/emx/ceedoc/2019-03.html
   My bibliography  Save this paper

Contribution of foreign direct investment to Mexico's economic growth during the neoliberal period

Author

Listed:
  • José Romero

    (El Colegio de México)

Abstract

This work counts on the economic and ideological heritage after 36 years of domination of neoliberalism, the presence of exacerbated individualism and the need to renew nationalism as a binding factor. Absence of a coherent economic development plan. A manufacturing sector dominated by transnational corporations with internal and external economic and political powers and interests that do not necessarily match national ones. A national entrepreneurship that avoids competition and takes refuge in sectors that produce goods and services that are not internationally tradable. A scientific and technological system disconnected from the production apparatus. All this makes it necessary to recover lost time with alternative policies, but it is difficult, given that the powerful beneficiaries of the old regime, feel threatened and oppose change.

Suggested Citation

  • José Romero, 2019. "Contribution of foreign direct investment to Mexico's economic growth during the neoliberal period," Serie documentos de trabajo del Centro de Estudios Económicos 2019-03, El Colegio de México, Centro de Estudios Económicos.
    • Handle: RePEc:emx:ceedoc:2019-03
    as

    Download full text from publisher

    File URL: https://cee.colmex.mx/dts/2019/DT-2019-3.pdf
    Download Restriction: no
    ---><---

    More about this item

    Keywords

    Mexico; nationalism; manufactures; economic growth; foreign direct investment; FDI; science and technology;
    All these keywords.

    JEL classification:

    • E2 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment
    • E24 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Employment; Unemployment; Wages; Intergenerational Income Distribution; Aggregate Human Capital; Aggregate Labor Productivity
    • E25 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Aggregate Factor Income Distribution
    • O4 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:emx:ceedoc:2019-03. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Ximena Varela (email available below). General contact details of provider: https://edirc.repec.org/data/cecolmx.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.