European and Latin American Experiences
- New Directions in Post-Keynesian Economics series
Edited by Noemi Levy and Etelberto Ortiz
Chapter 9: The limits of the export-led growth model: the Mexican experience
AbstractIn the chapter, ‘The limits of the export-led growth model: the Mexican experience,’ the author analyses the consequences of the export model that placed manufacturing at the center of international trade in the Mexican economy, without creating linkages between traditional and leading productive sectors, and without establishing economic policies that strengthen the manufacturing sector. In light of a combination of theories, he analyses the limitations of economic growth and reviews possible alternatives to promote successful economic growth.
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