Product DescriptionThis book addresses two issues that are crucial to understanding Mexico’s current economic and political challenges. Why opening the economy to foreign trade and investment will not result in sustained economic growth? Why there has been no electoral democracy rule of law? The answer to these questions lies in the way that Mexico’s long history with authoritarian government as legal, tax, and property rights institutions. These institutions, the authors argue, can not be reformed with the stroke of a pen. On the other hand, represent very powerful on the Mexican government’s ability to fund welfare-enhancing reforms, on the ability of firms and households to write contracts. . . More>>

Mexico Since 1980