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dc.creatorKEHOE,TIMOTHY J
dc.creatorMEZA,FELIFE
dc.date2011-11-01
dc.date.accessioned2019-04-25T12:41:57Z
dc.date.available2019-04-25T12:41:57Z
dc.identifierhttps://scielo.conicyt.cl/scielo.php?script=sci_arttext&pid=S0719-04332011000200006
dc.identifier.urihttp://revistaschilenas.uchile.cl/handle/2250/61249
dc.descriptionIn 1950 Mexico entered an economic takeoff and grew rapidly for more than 30 years. Growth stopped during the crises of 1982-1995, despite major reforms, including liberalization of foreign trade and investment. Since then growth has been modest. We analyze the economic history of Mexico 1877-2010. We conclude that the growth 1950-1981 was driven by urbanization, industrialization, and education and that Mexico would have grown even more rapidly if trade and investment had been liberalized sooner. If Mexico is to resume rapid growth-so that it can approach U.S. levels of income-it needs further reforms.
dc.formattext/html
dc.languageen
dc.publisherPontificia Universidad Católica de Chile. Instituto de Economía.
dc.relation10.4067/S0719-04332011000200006
dc.rightsinfo:eu-repo/semantics/openAccess
dc.sourceLatin american journal of economics v.48 n.2 2011
dc.subjectMexico
dc.subjecteconomic growth
dc.subjecttotal factor productivity
dc.titleCATCH-UP GROWTH FOLLOWED BY STAGNATION: MEXICO, 1950-2010


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