After the Great Depression of 1929--1933, the relative isolation of Mexico's economy led to the adoption of Import Substitution Industrialization. The use of this model as a development strategy meant specializing in manufactured goods under a regime of state interventionism and a closed economy. However, after many years of inward-looking policies, ISI collapsed. Moreover, with excessive public expenditures and fiscal mismanagements, Mexico's economic stability started to erode. The result was Mexico's first economic crisis, the effects of which could only be alleviated through loans from International Financial Institutions that were contingent on the implementation of defined policies. Thus, Mexico adopted the neoliberal development model as its strategy for economic growth and recovery. Under this model, trade liberalization, outward-looking policies, and state non-interventionism promised economic growth as a necessary precondition for social justice and development. Mexico's implementation of neoliberal policies, on one hand, has aided its integration into a market-oriented economy in which competitiveness, foreign investment, and technology transfers are considered as paths to economic growth and, on the other hand, has widened the gap between the rich and the poor, and has impeded sustainable development.
| Identifer | oai:union.ndltd.org:LACETR/oai:collectionscanada.gc.ca:QMM.33060 |
| Date | January 2001 |
| Creators | Uribe, Maria Eugenia. |
| Contributors | Janda, Richard (advisor) |
| Publisher | McGill University |
| Source Sets | Library and Archives Canada ETDs Repository / Centre d'archives des thèses électroniques de Bibliothèque et Archives Canada |
| Language | English |
| Detected Language | English |
| Type | Electronic Thesis or Dissertation |
| Format | application/pdf |
| Coverage | Master of Laws (Institute of Comparative Law.) |
| Rights | All items in eScholarship@McGill are protected by copyright with all rights reserved unless otherwise indicated. |
| Relation | alephsysno: 001824142, proquestno: MQ75372, Theses scanned by UMI/ProQuest. |
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