Mexico's Economic Dilemma: The Developmental Failure of Neoliberalism (Critical Currents in Latin American Perspective Series)

By: Cypher, James M.

Price: $27.95

Quantity: 1 available

Book Condition: Used: Acceptable


Fair. Moderate wear to covers/corners. Contains light to moderate highlighting, notes, underlining and/or other markings. Trade paperback binding. Support Last Word Books & Press and independent booksellers.


Stock Description, May Not Reflect Item


Written by two leading scholars, this book provides a detailed analysis of Mexico's political economy. James M. Cypher and Ra l 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.

Title: Mexico's Economic Dilemma: The Developmental Failure of Neoliberalism (Critical Currents in Latin American Perspective Series)

Author Name: Cypher, James M.

Categories: Business & Economics,

Publisher: Rowman & Littlefield Publishers: 2011-10-10

ISBN Number: 0742556611

ISBN Number 13: 9780742556614

Binding: Paperback

Book Condition: Used: Acceptable

Type: Paperback

Seller ID: SKU9140912