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  • Open Daily: 10am - 10pm
    Alley-side Pickup: 10am - 7pm

    3038 Hennepin Ave Minneapolis, MN
    612-822-4611

Open Daily: 10am - 10pm | Alley-side Pickup: 10am - 7pm
3038 Hennepin Ave Minneapolis, MN
612-822-4611
Mexico's Economic Dilemma: The Developmental Failure of Neoliberalism

Mexico's Economic Dilemma: The Developmental Failure of Neoliberalism

Cypher, James M.
Delgado Wise, Raúl

Paperback

Series: Critical Currents in Latin American Perspective

EconomicsGeneral SociologyInternational Relations

ISBN10: 0742556611
ISBN13: 9780742556614
Publisher: Rowman & Littlefield Publishers
Published: Oct 10 2011
Pages: 226
Weight: 0.77
Height: 0.54 Width: 6.00 Depth: 9.00
Language: English

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.

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