This book is a study of economic policymaking in Mexico focusing upon the sexenio (the six-year term) of Lopez Portillo-the era of the petroleum boom, the 1982 economic crisis, and the eventual bank nationalization.

Social Democracy in the Global Periphery focuses on social-democratic regimes in the developing world that have, to varying degrees, reconciled the needs of achieving growth through globalized markets with extensions of political, social and economic rights. The authors show that opportunities exist to achieve significant social progress, despite a global economic order that favours core industrial countries. Their findings derive from a comparative analysis of four exemplary cases: Kerala (India), Costa Rica, Mauritius and Chile (since 1990). Though unusual, the social and political conditions from which these developing-world social democracies arose are not unique; indeed, pragmatic and proactive social-democratic movements helped create these favourable conditions. The four exemplars have preserved or even improved their social achievements since neoliberalism emerged hegemonic in the 1980s. This demonstrates that certain social-democratic policies and practices - guided by a democratic developmental state - can enhance a national economy's global competitiveness.

Social Democracy in the Global Periphery focuses on social-democratic regimes in the developing world that have, to varying degrees, reconciled the needs of achieving growth through globalized markets with extensions of political, social and economic rights. The authors show that opportunities exist to achieve significant social progress, despite a global economic order that favours core industrial countries. Their findings derive from a comparative analysis of four exemplary cases: Kerala (India), Costa Rica, Mauritius and Chile (since 1990). Though unusual, the social and political conditions from which these developing-world social democracies arose are not unique; indeed, pragmatic and proactive social-democratic movements helped create these favourable conditions. The four exemplars have preserved or even improved their social achievements since neoliberalism emerged hegemonic in the 1980s. This demonstrates that certain social-democratic policies and practices - guided by a democratic developmental state - can enhance a national economy's global competitiveness.

With the failure of market reform to generate sustained growth in many countries of the Global South, poverty reduction has become an urgent moral and political issue in the last several decades. In practice, considerable research shows that high levels of inequality are likely to produce high levels of criminal and political violence. On the road to development, states cannot but grapple with the challenges posed by poverty and wealth distribution. Social Forces and States explains the reasons behind distinct distributional and poverty outcomes in three countries: South Korea, Chile, and Mexico. South Korea has successfully reduced poverty and has kept inequality low. Chile has reduced poverty but inequality remains high. Mexico has confronted higher levels of poverty and high inequality than either of the other countries. Judith Teichman takes a comparative historical approach, focusing upon the impact of the interaction between social forces and states. Distinct from approaches that explain social well-being through a comparative examination of social welfare regimes, this book probes more deeply, incorporating a careful consideration of how historical contexts and political struggles shaped very different development trajectories, welfare arrangements, and social possibilities.

With the failure of market reform to generate sustained growth in many countries of the Global South, poverty reduction has become an urgent moral and political issue in the last several decades. In practice, considerable research shows that high levels of inequality are likely to produce high levels of criminal and political violence. On the road to development, states cannot but grapple with the challenges posed by poverty and wealth distribution. Social Forces and States explains the reasons behind distinct distributional and poverty outcomes in three countries: South Korea, Chile, and Mexico. South Korea has successfully reduced poverty and has kept inequality low. Chile has reduced poverty but inequality remains high. Mexico has confronted higher levels of poverty and high inequality than either of the other countries. Judith Teichman takes a comparative historical approach, focusing upon the impact of the interaction between social forces and states. Distinct from approaches that explain social well-being through a comparative examination of social welfare regimes, this book probes more deeply, incorporating a careful consideration of how historical contexts and political struggles shaped very different development trajectories, welfare arrangements, and social possibilities.