Economic transformation the Mexican way /
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| Author / Creator: | Aspe Armella, Pedro. |
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| Imprint: | Cambridge, Mass. : MIT Press, ©1993. |
| Description: | 1 online resource (xiii, 280 pages) : illustrations |
| Language: | English |
| Series: | The Lionel Robbins lectures ; 4 Lionel Robbins lectures ; 4. |
| Subject: | |
| Format: | E-Resource Book |
| URL for this record: | http://pi.lib.uchicago.edu/1001/cat/bib/11112291 |
| Summary: | <p>Mexico offers a particularly interesting study of economic reform becauseof its successes and its ambitious scale. As that country's current Minister ofFinance and Public Credit and a distinguished economist, Pedro Aspe offers aninformed, inside look at attempts to modernize Mexico's economy through the 1970sand 1980s. Aspe examines how Mexico has tried to stabilize its economy with measuressuch as economic deregulation, fiscal reform, privatization of state-ownedenterprises, and realistic budget management. He argues that these changes have hadnot only profound economic effects, but social and political ones as well.Aspe firstdiscusses Mexico's experience with macroeconomic stabilization, emphasizing itssocial and political aspects, and noting the successes already achieved in terms ofstabilization, production, and employment. In the extended analysis of the Mexicaneconomy that follows, he focuses on the structural impact of state reform on theexternal sector, and on the efficiency and distributional impacts of fiscal reform.Such macroeconomic adjustments, Aspe points out, have resulted in the gradualreplacement of the state in its role as leader of Mexico's economic development bythe participation of an entire society - an achievement that is the result of theorderly negotiation and consensus of workers, farmers, entrepreneurs, andgovernment.Aspe concludes with a summary of the way in which all of these changeshave brought about the profound transformation of Mexico's economy. |
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| Physical Description: | 1 online resource (xiii, 280 pages) : illustrations |
| Bibliography: | Includes bibliographical references (pages 263-271) and index. |
| ISBN: | 0585342555 9780585342559 |