Development and Growth in the Mexican Economy: A Historical Perspective
"This book proposes an interpretation of Mexican economic history over the past two centuries based on a simple but strong institutional thesis: growth has been fast when there has been a 'developmental consensus' but has slowed down otherwise. It is a must-read for Mexican and Latin American specialists but particularly for institutional economists."--José Antonio Ocampo, Professor, Columbia University, and former Executive Secretary of the United Nations Economic Commission for Latin America and the Caribbean"This book provides our first authoritative survey of Mexico's economic history over the past two hundred years. The authors provide an extremely accessible and comprehensive account, and they provide a particularly incisive evaluation of Mexico's recent economic performance. This book will surely reopen debate and provoke further research on the period since 1940. Particularly commendable is their consistent concern with the stubborn persistence of poverty and inequality in Mexico. This book provides our best account yet of this story as it engages ongoing debates about Mexico's--and Latin America's--economic past and present."--Edward Beatty, University of Notre Dame"One of the most comprehensive overviews of Mexico's economic history since Independence,Development and Growth in the Mexican Economy: A Historical Perspectiveprovides a thoughtful reinterpretation of Mexico's economic development since 1940. All readers will learn from the well-argued and empirically supported new insights. It will undoubtedly become a standard resource on the economic history of Mexico."--Nora Lustig, Shapiro Visiting Professor of International Affairs, George Washington University, and Research Associate, El Colegio de México"Development and Growth in the Mexican Economyprovides a useful and sometimes provocative overview of the Mexican economy over the last two centuries. History and economics are interwoven to provide a well-informed book of interest to university teachers and students. The debates on the interaction of Mexican economy and polity complement the historical overview and make this book attractive for university courses."--Carlos Marichal, El Colegio de México