The historical-structural method employed here rejects analyses that are excessively voluntaristic or deterministic. The authors show that while the state was able to mitigate certain adverse consequences of TNC strategies, new forms of dependency continued to limit Mexico's options. Originally published in 1985. The Princeton Legacy Library uses the latest print-on-demand technology to again make available previously out-of-print books from the distinguished backlist of Princeton University Press. These editions preserve the original texts of these important books while presenting them in durable paperback and hardcover editions. The goal of the Princeton Legacy Library is to vastly increase access to the rich scholarly heritage found in the thousands of books published by Princeton University Press since its founding in 1905.

This publication sets out and analyses the main foreign direct investment (FDI) trends in the countries of Latin America and the Caribbean. In 2017, certain trends that had already emerged in the global economic landscape became more established. In particular, announcements of potential restrictions on trade and pressures to relocate production to developed countries were confirmed. At the same time, China has taken steps to restrict outflows of foreign direct investment (FDI) in order to align these flows with its strategic plan. Adding to these factors is the expansion of digital technologies, whose international expansion requires smaller investments in tangible assets. Firms in these areas are heavily concentrated in the United States and China, which reduces the need for cross-border mergers and acquisitions.

Over the past two decades, the percentage of the world’s population living on less than a dollar a day has been cut in half. How much of that improvement is because of—or in spite of—globalization? While anti-globalization activists mount loud critiques and the media report breathlessly on globalization’s perils and promises, economists have largely remained silent, in part because of an entrenched institutional divide between those who study poverty and those who study trade and finance. Globalization and Poverty bridges that gap, bringing together experts on both international trade and poverty to provide a detailed view of the effects of globalization on the poor in developing nations, answering such questions as: Do lower import tariffs improve the lives of the poor? Has increased financial integration led to more or less poverty? How have the poor fared during various currency crises? Does food aid hurt or help the poor? Poverty, the contributors show here, has been used as a popular and convenient catchphrase by parties on both sides of the globalization debate to further their respective arguments. Globalization and Poverty provides the more nuanced understanding necessary to move that debate beyond the slogans.

Business services have been one of the fatest growing export areas in emerging economies over the past decade. The spread of information and communication technologies and the rise in trade liberalization have facilitated the global unbundling and offshoring of services activities from advanced to developing countries, including those in Latin America. This offshoring has gradually evolved into more sophisticated forms of business process outsourcing. Several countries in the region are now in the process of further upgrading their services exports to participate in knowledge process outsourcing, which includes research and development, product development and more advanced vertical functions and activities in the value chain. The empirical and analytical insights in this volume document how several countries in Latin America have entered the offshore services sector both through the attraction of multinational companies and the internationalization of domestic service suppliers. The future of the offshore services sector in Latin America will depend on its ability to upgrade its knowledge- and skill-intensive product offerings. This will call for the development of domestic technical capabilities, the adoption of renewed industrial policies, the promotion of backward and forward linkages, and the continued upgrading of human capital and information technology-integrated manufacturing.

First published in 1988, The Mexican Economy presents a comprehensive survey of the Mexican economy and its problems and argues that the crisis has more complex roots within the Mexican economy. It gives an equal weight to the long-term development of the Mexican economy and to the problems that have arisen since 1982. The contributors discuss issues like debt and oil-led development; Mexico’s 1986 financial rescue; the economic crisis and Mexican labour; the Mexican agricultural crisis; agriculture and environment; industrial decentralisation and regional policy, 1970–1986; Pemex and the petroleum sector; policies of the Mexican government towards NFRM; and Mexico’s maquiladora programme. This book will be of interest to students and researchers of economy, history, and political science.

Written by two leading scholars, this book provides a detailed analysis of Mexico's political economy. James M. Cypher and Raúl Delgado Wise begin with an examination of Mexico's pivotal economic crisis of the 1980s and the consequent turn toward an export-led economy, later anchored by NAFTA. They show how Mexico, after abandoning frequently successful past practices of state-led development, disastrously tied its future to an unconditional reliance on foreign corporations to promote an export-led growth strategy. Focusing on Mexico's cheap labor export model, the authors use the maquiladora sector and the auto industry as case studies of the perils of globalization—the "race to the bottom" as capital becomes ever more international. The government's unconstrained free-market policies, they convincingly argue, have resulted in a fragmented economy marked by stagnation, falling wages, informal part-time employment, and massive migration, which define daily life for all but a tiny minority.

Addressing the economic aspects of ties between the United States and Mexico, this book looks at the structural characteristics of the border region and the flow of goods, services, capital, and people between the two countries. The contributors describe the cultural, economic, and demographic dimensions of the borderlands and focus on specific issues critical to the region, among them environmental pollution, migration, territorial issues, and the implications of borderzone industrial growth. Finally, the authors consider how these issues affect the national economies and relations between the two countries.

Mexico is reinventing itself. It is moving toward a more tolerant, global, market oriented, and democratic society. This new edition of "Changing Structure of Mexico" is a comprehensive and up-to-date presentation of Mexico's political, social, and economic issues. All chapters have been rewritten by noted Mexican scholars and practitioners to provide a lucid and informative introductory reader on Mexico. The book covers such topics as Mexico's foreign economic policy and NAFTA; maquiladoras; technology policy; and Asian competition; as well as domestic economics such as banking, tax reform, and oil/energy policy; the environment; population and migration policy; the changing structure of political parties; and values and changes affecting women.