The Mexican Economy

This book provides a thorough analysis of Mexico's economic development and political economy, highlighting regional disparities, productivity challenges, and the impact of demographic trends on the country's growth and stability.

The Mexican Economy provides a thorough and current examination of Mexico's economic development and political economy, making it an ideal resource for courses in Latin American studies and Development Studies. As the sixteenth largest economy globally and the leading exporter and importer in Latin America, Mexico presents a complex economic landscape. Despite its overall macroeconomic stability, the country is characterized by stark contrasts: one part is prosperous and modern, while the other remains impoverished and marginalized. This division significantly influences the nation's recent economic trajectory.

Enrique Cárdenas offers a succinct overview of Mexico's recent economic history, focusing on the challenges posed by regional inequalities, low productivity, and an economy heavily reliant on exports to the United States. The book delves into the strength of Mexico’s macroeconomic fundamentals, while also analyzing specific industry trends, particularly in sectors influenced by free trade agreements. Cárdenas highlights how demographic shifts, including northward migration, urbanization, and issues such as labor relations, organized crime, and pervasive corruption, have shaped the country's economic direction.

Overall, the book presents an insightful and up-to-date analysis of Mexico's economic development, social reform initiatives, and political economy. It serves as a valuable resource for students and scholars interested in understanding the complexities of Mexico's economic landscape and the factors that have contributed to its current state.