Professor John Hall
Journal of Economic Literature Classification Codes
P16, P17, P52
Liberalization, Mexican Economy, NAFTA, Neoliberalism, Structural Adjustment
This inquiry seeks to establish that a set of policies that can be identified as ‘neoliberalism’ has generated observable effects on the economy and society of Mexico. Initiated during the last decades of the twentieth century, a combination of external and internal interests led to the implementation of neoliberal policies. The marketization of Mexico’s economy during the 1980s and 90s consolidated ‘structural adjustments.’ Through extensive privatization of what were statist assets, combined with the deregulation of trade as well as numerous aspects of private sector activity, the Mexican economy came to rely upon a low-wage labor export-model that also undermined internal development. The Mexican population has experienced increases in economic insecurity, political conflict, violence, and challenges to health, thereby promoting pressures for out migration.
© Daniela M. Ávila Arévalo
In Copyright. URI: http://rightsstatements.org/vocab/InC/1.0/ This Item is protected by copyright and/or related rights. You are free to use this Item in any way that is permitted by the copyright and related rights legislation that applies to your use. For other uses you need to obtain permission from the rights-holder(s).
Ávila Arévalo, Daniela M. "Mexico Under Neoliberalism, Working Paper No. 53", Portland State University Economics Working Papers. 53. (15 December 2021) i + 19 pages.