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This
article examines Mexico's industrial policy
and economic performance, focusing on
an analysis of the structural changes
in its manufacturing sector associated
with NAFTA. The aim of the article is
to improve our understanding of why the
post-NAFTA evolution of the Mexican economy
has been characterized by lights and shadows,
with low inflation, low budget deficits
and a surge in non-oil exports on the
one hand, and on the other hand a slower
than expected expansion of economic activity
and employment.
January 19, 2006. |
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