Mexico's Economic Dilemma

Name: Mexico's Economic Dilemma
SKU: 18403659
Price: 158.99 AUD
Availability: InStock

The Developmental Failure of Neoliberalism

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Format:

Paperback / softback

Series:

Critical Currents in Latin American Perspective Series

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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.

Author Biography:

James M. Cypher is a research professor in the doctoral program in development studies, Universidad Autónoma de Zacatecas. Raúl Delgado Wise is director of the doctoral program in development studies, Universidad Autónoma de Zacatecas.

Release date Australia

October 10th, 2011

Author

Audience

Professional & Vocational

Pages

226

Series

Critical Currents in Latin American Perspective Series

Dimensions

155x232x15

ISBN-13

9780742556614

Product ID

18403659

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