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Mexicos Economic Dilemma
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Book Synopsis Mexico's Economic Dilemma by : James M. Cypher
Download or read book Mexico's Economic Dilemma written by James M. Cypher and published by Rowman & Littlefield Publishers. This book was released on 2010-07-16 with total page 237 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Book Synopsis Good Intentions, Bad Outcomes by : Santiago Levy
Download or read book Good Intentions, Bad Outcomes written by Santiago Levy and published by Rowman & Littlefield. This book was released on 2010-01-01 with total page 377 pages. Available in PDF, EPUB and Kindle. Book excerpt: Despite various reform efforts, Mexico has experienced economic stability but little growth. Today more than half of all Mexican workers are employed informally, and one out of every four is poor. Good Intentions, Bad Outcomes argues that incoherent social programs significantly contribute to this state of affairs and it suggests reforms to improve the situation. Over the past decade, Mexico has channeled an increasing number of resources into subsidizing the creation of low-productivity, informal jobs. These social programs have hampered growth, fostered illegality, and provided erratic protection to workers, trapping many in poverty. Informality has boxed Mexico into a dilemma: provide benefits to informal workers at the expense of lower growth and reduced productivity or leave millions of workers without benefits. Former finance official Santiago Levy proposes how to convert the existing system of social security for formal workers into universal social entitlements. He advocates eliminating wage-based social security contributions and raising consumption taxes on higher-income households to simultaneously increase the rate of growth of GDP, reduce inequality, and improve benefits for workers. Go od Intentions, Bad Outcomes considers whether Mexico can build on the success of Progresa-Oportunidades, a targeted poverty alleviation program that originated in Mexico and has been replicated in over 25 countries as well as in New York City. It sets forth a plan to reform social and economic policy, an essential element of a more equitable and sustainable development strategy for Mexico.
Book Synopsis Under-Rewarded Efforts by : Santiago Levy Algazi
Download or read book Under-Rewarded Efforts written by Santiago Levy Algazi and published by Inter-American Development Bank. This book was released on 2018-07-11 with total page 323 pages. Available in PDF, EPUB and Kindle. Book excerpt: Why has an economy that has done so many things right failed to grow fast? Under-Rewarded Efforts traces Mexico’s disappointing growth to flawed microeconomic policies that have suppressed productivity growth and nullified the expected benefits of the country’s reform efforts. Fast growth will not occur doing more of the same or focusing on issues that may be key bottlenecks to productivity growth elsewhere, but not in Mexico. It will only result from inclusive institutions that effectively protect workers against risks, redistribute towards those in need, and simultaneously align entrepreneurs’ and workers’ incentives to raise productivity.
Book Synopsis The Dilemma of Mexico's Development by : Raymond Vernon
Download or read book The Dilemma of Mexico's Development written by Raymond Vernon and published by Cambridge, Mass : Harvard University Press. This book was released on 1963 with total page 256 pages. Available in PDF, EPUB and Kindle. Book excerpt: Critical veiw of current economic cooperation between government and business in modern Mexico.
Book Synopsis No Word for Welcome by : Wendy Louise Call
Download or read book No Word for Welcome written by Wendy Louise Call and published by U of Nebraska Press. This book was released on 2011-06-01 with total page 349 pages. Available in PDF, EPUB and Kindle. Book excerpt: Wendy Call visited the Isthmus of Tehuantepec?the lush sliver of land connecting the Yucatan Peninsula to the rest of Mexico?for the first time in 1997. She found herself in the midst of a storied land, a place Mexicans call their country'sø?little waist,? a place long known for its strong women, spirited marketplaces, and deep sense of independence. She also landed in the middle of a ferocious battle over plans to industrialize the region, where most people still fish, farm, and work in the forests. In the decade that followed her first visit, Call witnessed farmland being paved for new highways, oil spilling into rivers, and forests burning down. Through it all, local people fought to protect their lands and their livelihoods?and their very lives.ø ø Call?s story, No Word for Welcome, invites readers into the homes, classrooms, storefronts, and fishing boats of the isthmus, as well as the mahogany-paneled high-rise offices of those striving to control the region. With timely and invaluable insights into the development battle, Call shows that the people who have suffered most from economic globalization have some of the clearest ideas about how we can all survive it.
Book Synopsis The Mexico Competitiveness Report 2009 by :
Download or read book The Mexico Competitiveness Report 2009 written by and published by World Economic Forum. This book was released on with total page 129 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author :World Institute for Development Economics Research Publisher :MIT Press ISBN 13 :9780262022798 Total Pages :452 pages Book Rating :4.0/5 (227 download)
Book Synopsis Inflation Stabilization by : World Institute for Development Economics Research
Download or read book Inflation Stabilization written by World Institute for Development Economics Research and published by MIT Press. This book was released on 1988 with total page 452 pages. Available in PDF, EPUB and Kindle. Book excerpt: Rampant inflation is a major economic problem in many of the less developed countries; two out of three attempts to stabilize these economies fail. Inflation Stabilization provides a valuable description and a critical analysis of the disinflation programs introduced in Argentina, Bolivia, Brazil, and Israel in 1985-86, and discusses the possibility of such a program in Mexico. It documents the initial steps in stabilization as well as the reasons for failure.As architects of the programs, several of the authors are in key positions to assess which aspects were critical in getting the programs accepted and where to look for difficulties and failures. In Israel, inflation was halted without recession. The challenge to policy makers today is in shifting from stabilization to the revival of sustained growth. This experience is described fully by Michael Bruno and Sylvia Piterman, who examine the critical issue of exchange rates, and by Alex Cukierman, who uses modeling to analyze the interaction of money, wages, prices, and activity under rational expectations that take the government's policy objectives into account.Endemic inflation and a sudden increase in external debt burden Argentina's economy, raising the wider issues of high inflation economies and stabilization that are discussed in the chapter by José Luis Machinea and that by Guido Di Tella and Alfredo Canavese.Eduardo Modiano and Mario Simonsen take up issues of wages in Brazil, particularly the problem of finding an equitable way to deal with a wage freeze; Simonsen develops an ambitious game theoretic rationalization of incomes policy as a coordinating device for imperfectly competitive economies. Bolivia did reach hyperinflation (price increases of more than 50 percent each month) before stabilizing. Juan Antonio Morales shows how stabilizing the exchange rate, in an economy where all pricing was already geared to the dollar, achieved stabilization without a wage or price freeze. And Francisco Gil Diaz asks whether an incomes-policy based program could work to control ever increasing inflation in Mexico.
Book Synopsis The Power and the Money by : Noel Maurer
Download or read book The Power and the Money written by Noel Maurer and published by Stanford University Press. This book was released on 2002 with total page 284 pages. Available in PDF, EPUB and Kindle. Book excerpt: Facing financial chaos, Porfirio Diaz’s strategy in the 1880s was to create a bank with a legal monopoly over lending to the government and to enforce elites’ property rights in order to get their support. This book shows how Mexican leaders, even after the Mexican Revolution, failed to alter these basic economic and political policies, resulting in a continuing high level of financial and industrial concentration.
Book Synopsis Energy and Sustainable Development in Mexico by : John R. Moroney
Download or read book Energy and Sustainable Development in Mexico written by John R. Moroney and published by Texas A&M University Press. This book was released on 2008-08-07 with total page 160 pages. Available in PDF, EPUB and Kindle. Book excerpt: John R. Moroney and Flory Dieck-Assad cogently assess Mexico's goals of sustainability and the major policy changes that will be required to achieve them.
Book Synopsis Mexico Under Zedillo by : Luis Rubio-Freidberg
Download or read book Mexico Under Zedillo written by Luis Rubio-Freidberg and published by Lynne Rienner Publishers. This book was released on 1998 with total page 172 pages. Available in PDF, EPUB and Kindle. Book excerpt: Following a year of political and social upheaval, Ernesto Zedillo Ponce was inaugurated as Mexico's president in December 1994. Soon after, the collapse of the peso forced a reorientation of the country's policies and priorities. This text examines the move toward democracy during that time.
Book Synopsis The Big Problem of Small Change by : Thomas J. Sargent
Download or read book The Big Problem of Small Change written by Thomas J. Sargent and published by Princeton University Press. This book was released on 2014-04-24 with total page 429 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Big Problem of Small Change offers the first credible and analytically sound explanation of how a problem that dogged monetary authorities for hundreds of years was finally solved. Two leading economists, Thomas Sargent and François Velde, examine the evolution of Western European economies through the lens of one of the classic problems of monetary history--the recurring scarcity and depreciation of small change. Through penetrating and clearly worded analysis, they tell the story of how monetary technologies, doctrines, and practices evolved from 1300 to 1850; of how the "standard formula" was devised to address an age-old dilemma without causing inflation. One big problem had long plagued commodity money (that is, money literally worth its weight in gold): governments were hard-pressed to provide a steady supply of small change because of its high costs of production. The ensuing shortages hampered trade and, paradoxically, resulted in inflation and depreciation of small change. After centuries of technological progress that limited counterfeiting, in the nineteenth century governments replaced the small change in use until then with fiat money (money not literally equal to the value claimed for it)--ensuring a secure flow of small change. But this was not all. By solving this problem, suggest Sargent and Velde, modern European states laid the intellectual and practical basis for the diverse forms of money that make the world go round today. This keenly argued, richly imaginative, and attractively illustrated study presents a comprehensive history and theory of small change. The authors skillfully convey the intuition that underlies their rigorous analysis. All those intrigued by monetary history will recognize this book for the standard that it is.
Book Synopsis Triumphs and Tragedy by : Ramón Eduardo Ruiz
Download or read book Triumphs and Tragedy written by Ramón Eduardo Ruiz and published by W. W. Norton & Company. This book was released on 1992 with total page 518 pages. Available in PDF, EPUB and Kindle. Book excerpt: An epic history of Mexico from its Olmec, Aztec, and Mayan heritage to the present day.
Book Synopsis Vanishing Frontiers by : Andrew Selee
Download or read book Vanishing Frontiers written by Andrew Selee and published by PublicAffairs. This book was released on 2018-06-05 with total page 294 pages. Available in PDF, EPUB and Kindle. Book excerpt: There may be no story today with a wider gap between fact and fiction than the relationship between the United States and Mexico. Wall or no wall, deeply intertwined social, economic, business, cultural, and personal relationships mean the US-Mexico border is more like a seam than a barrier, weaving together two economies and cultures. Mexico faces huge crime and corruption problems, but its remarkable transformation over the past two decades has made it a more educated, prosperous, and innovative nation than most Americans realize. Through portraits of business leaders, migrants, chefs, movie directors, police officers, and media and sports executives, Andrew Selee looks at this emerging Mexico, showing how it increasingly influences our daily lives in the United States in surprising ways -- the jobs we do, the goods we consume, and even the new technology and entertainment we enjoy. From the Mexican entrepreneur in Missouri who saved the US nail industry, to the city leaders who were visionary enough to build a bridge over the border fence so the people of San Diego and Tijuana could share a single international airport, to the connections between innovators in Mexico's emerging tech hub in Guadalajara and those in Silicon Valley, Mexicans and Americans together have been creating productive connections that now blur the boundaries that once separated us from each other.
Book Synopsis Our Own Backyard by : William M. LeoGrande
Download or read book Our Own Backyard written by William M. LeoGrande and published by Univ of North Carolina Press. This book was released on 2009-11-18 with total page 790 pages. Available in PDF, EPUB and Kindle. Book excerpt: In this remarkable and engaging book, William LeoGrande offers the first comprehensive history of U.S. foreign policy toward Central America in the waning years of the Cold War. From the overthrow of the Somoza dynasty in Nicaragua and the outbreak of El Salvador's civil war in the late 1970s to the final regional peace settlements negotiated a decade later, he chronicles the dramatic struggles--in Washington and Central America--that shaped the region's destiny. For good or ill, LeoGrande argues, Central America's fate hinged on decisions that were subject to intense struggles among, and within, Congress, the CIA, the Pentagon, the State Department, and the White House--decisions over which Central Americans themselves had little influence. Like the domestic turmoil unleashed by Vietnam, he says, the struggle over Central America was so divisive that it damaged the fabric of democratic politics at home. It inflamed the tug-of-war between Congress and the executive branch over control of foreign policy and ultimately led to the Iran-contra affair, the nation's most serious political crisis since Watergate.
Book Synopsis Debate the Issues: New Approaches to Economic Challenges by : Collectif
Download or read book Debate the Issues: New Approaches to Economic Challenges written by Collectif and published by OECD. This book was released on 2016-09-21 with total page 160 pages. Available in PDF, EPUB and Kindle. Book excerpt: To capitalise on the new international resolve epitomised by COP21 and the agreement on the universal Sustainable Development Goals (SDGs) requires a renewed effort to promote new policy thinking and new approaches to the great challenges ahead. Responding to new challenges means we have to adopt more ambitious frameworks, design more effective tools, and propose more precise policies that will take account of the complex and multidimensional nature of the challenges. The goal is to develop a better sense of how economies really work and to articulate strategies which reflect this understanding. The OECD’s New Approaches to Economic Challenges (NAEC) exercise challenges our assumptions and our understanding about the workings of the economy. This collection from OECD Insights summarises opinions from inside and outside the Organisation on how NAEC can contribute to achieving the SDGs, and describes how the OECD is placing its statistical, monitoring and analytical capacities at the service of the international community. The authors also consider the transformation of the world economy that will be needed and the long-term “tectonic shifts” that are affecting people, the planet, global productivity, and institutions.
Book Synopsis Two Nations Indivisible by : Shannon K. O'Neil
Download or read book Two Nations Indivisible written by Shannon K. O'Neil and published by Oxford University Press. This book was released on 2013-03-18 with total page 260 pages. Available in PDF, EPUB and Kindle. Book excerpt: Five freshly decapitated human heads are thrown onto a crowded dance floor in western Mexico. A Mexican drug cartel dismembers the body of a rival and then stitches his face onto a soccer ball. These are the sorts of grisly tales that dominate the media, infiltrate movies and TV shows, and ultimately shape Americans' perception of Mexico as a dangerous and scary place, overrun by brutal drug lords. Without a doubt, the drug war is real. In the last six years, over 60,000 people have been murdered in narco-related crimes. But, there is far more to Mexico's story than this gruesome narrative would suggest. While thugs have been grabbing the headlines, Mexico has undergone an unprecedented and under-publicized political, economic, and social transformation. In her groundbreaking book, Two Nations Indivisible, Shannon K. O'Neil argues that the United States is making a grave mistake by focusing on the politics of antagonism toward Mexico. Rather, we should wake up to the revolution of prosperity now unfolding there. The news that isn't being reported is that, over the last decade, Mexico has become a real democracy, providing its citizens a greater voice and opportunities to succeed on their own side of the border. Armed with higher levels of education, upwardly-mobile men and women have been working their way out of poverty, building the largest, most stable middle class in Mexico's history. This is the Mexico Americans need to get to know. Now more than ever, the two countries are indivisible. It is past time for the U.S. to forge a new relationship with its southern neighbor. Because in no uncertain terms, our future depends on it.
Book Synopsis State and Nation Making in Latin America and Spain: Volume 1 by : Miguel A. Centeno
Download or read book State and Nation Making in Latin America and Spain: Volume 1 written by Miguel A. Centeno and published by Cambridge University Press. This book was released on 2013-03-29 with total page 485 pages. Available in PDF, EPUB and Kindle. Book excerpt: The growth of institutional capacity in the developing world has become a central theme in twenty-first-century social science. Many studies have shown that public institutions are an important determinant of long-run rates of economic growth. This book argues that to understand the difficulties and pitfalls of state building in the contemporary world, it is necessary to analyze previous efforts to create institutional capacity in conflictive contexts. It provides a comprehensive analysis of the process of state and nation building in Latin America and Spain from independence to the 1930s. The book examines how Latin American countries and Spain tried to build modern and efficient state institutions for more than a century - without much success. The Spanish and Latin American experience of the nineteenth century was arguably the first regional stage on which the organizational and political dilemmas that still haunt states were faced. This book provides an unprecedented perspective on the development and contemporary outcome of those state and nation-building projects.
