Mexicos Economic Dilemma The Developmental Failure Of Neoliberalism James M Cypher Ral Delgado Wise Ra L Delgado Wise Raul Delgado Wise James M Cypher by James M. Cypher; Raúl Delgado Wise; Ra L Delgado Wise; Raul Delgado Wise; James M Cypher 9780742568488, 0742568482 instant download after payment.

Written by two leading scholars, this book provides a detailed analysis of Mexico's political economy. James M. Cypher and Ra l 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.