From Trade Liberalization to Economic Integration: the Case of Mexico
نویسندگان
چکیده
This paper reviews Mexico’s economic situation before 1982. It outlines the evolution of Mexico’s inward-oriented strategy and its experience with trade liberalization since 1985, highlighting the causes of the structural crisis manifested in 1982. Sections II and III examine the reform policies of the de la Madrid administration (1982-1988) and the more radical approach under the current Salinas administration. These sections also explore the implications for Mexico of changing international conditions from the 1980s onwards and the potential of its current development strategy. Finally, the paper examines the conditions and implications for Mexican development of the North American Free Trade Agreement. The paper concludes with a prospective analysis of the Mexican economy.
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