Mexico's Economic Dilemma: The Developmental Failure of Neoliberalism (Critical Currents in Latin American Perspective Series)
ISBN-13:
9780742556607
ISBN-10:
0742556603
Author:
James Cypher, Raúl Delgado Wise
Publication date:
2010
Publisher:
Rowman & Littlefield Publishers
Format:
Hardcover
226 pages
Category:
Economic Conditions
,
Economics
,
Economics
,
International Business
,
Human Geography
,
Social Sciences
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Book details
ISBN-13:
9780742556607
ISBN-10:
0742556603
Author:
James Cypher, Raúl Delgado Wise
Publication date:
2010
Publisher:
Rowman & Littlefield Publishers
Format:
Hardcover
226 pages
Category:
Economic Conditions
,
Economics
,
Economics
,
International Business
,
Human Geography
,
Social Sciences
Summary
Mexico's Economic Dilemma: The Developmental Failure of Neoliberalism (Critical Currents in Latin American Perspective Series) (ISBN-13: 9780742556607 and ISBN-10: 0742556603), written by authors
James Cypher, Raúl Delgado Wise, was published by Rowman & Littlefield Publishers in 2010.
With an overall rating of 3.9 stars, it's a notable title among other
Economic Conditions
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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.
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