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Mexico's Economic Dilemma - The Developmental Failure of Neoliberalism (Hardcover)
Loot Price: R2,903
Discovery Miles 29 030
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Mexico's Economic Dilemma - The Developmental Failure of Neoliberalism (Hardcover)
Series: Critical Currents in Latin American Perspective Series
Expected to ship within 12 - 17 working days
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Total price: R2,923
Discovery Miles: 29 230
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Written by two leading scholars, this book provides a detailed
analysis of Mexico's political economy. James M. Cypher and Raul
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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