Industrialization and Economic Growth in Mexico after NAFTA: The road travelled Juan Carlos Moreno-Brid, Jesus Santamarıa and Juan Carlos Rivas Valdivia

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.

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