The Mexican Economy

This book offers a detailed exploration of Mexico's economic development, highlighting disparities and challenges within its political economy. The Mexican Economy is essential for understanding these dynamics.

In The Mexican Economy, Enrique Cárdenas provides a thorough and current analysis of Mexico's economic development, focusing on the complex interplay between its political and economic landscape. As the sixteenth largest economy globally and the leading exporter and importer in Latin America, Mexico presents a unique case study. The author highlights the stark contrast between two distinct Mexicos: one that is modern and prosperous, and another that is marginalized and impoverished. This polarization has significant implications for the country’s economic trajectory and social fabric.

Cárdenas delves into Mexico's recent economic history, shedding light on the challenges posed by regional disparities and low productivity. The book examines the heavy reliance on an export-driven economy, primarily dependent on the demand from the United States. By exploring industry-specific economic trends, particularly those influenced by free trade agreements, the author provides insights into the macroeconomic fundamentals that underpin Mexico’s economy. Key demographic shifts, such as migration and urbanization, alongside issues like organized crime and corruption, are discussed in relation to their impact on economic growth.

The Mexican Economy serves as a valuable resource for students and scholars interested in Latin American studies and development studies. Cárdenas's analysis not only underscores the complexities of Mexico's economic landscape but also offers a critical perspective on the social reform programs that are essential for addressing the country's economic challenges.