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Item Details
Title: INDUSTRY AND UNDERDEVELOPMENT
THE INDUSTRIALIZATION OF MEXICO, 1890-1940
By: Stephen H. Haber
Format: Hardback

List price: £91.00


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ISBN 10: 0804714878
ISBN 13: 9780804714877
Publisher: STANFORD UNIVERSITY PRESS
Pub. date: 1 January, 1989
Pages: 256
Description: The Mexican economy is unhealthy, with problems dating from the 19th century. In this study of Mexico's formative years of industrialization, the author focuses on the forces that have thwarted Mexican efforts to become a competitive member of the international economic community.
Synopsis: The recent economic troubles of Mexico should have surprised no one, for the Mexican economy is an unhealthy one whose basic problems extend back to the nineteenth century - that is the major theme of this study of the formative years of industrialization in Mexico. The author focuses on the forces - economic, political, and technological - that have thwarted Mexican efforts to become a competitive member of the international economic community. Unlike most previous studies, which have relied on aggregate data published by the Mexican government that lump together all industries and all firms, this study is based almost entirely on new material concerning individual companies and individual entrepreneurs. This approach enables the author to examine a wide range of new questions. What were the social origins of Mexico's industrial entrepreneurs? What was their relation to the government of Porfirio Diaz? How profitable were the major manufacturing companies? What effects did the Revolution of 1910-1917 have on the nation's physical plant and on investor confidence? What strategies did firms follow to protect their markets and to prevent competition? The author argues that the roots of modern Mexican industrialization are not to be found in the restructuring of the Mexican economy associated with the Revolution (indeed he contends that the Revolution's effect on the economy has been exaggerated) or in the economic growth stemming from World War II. Rather, he sees the Porfiriato as the decisive era in Mexico's industrialization. By examining the economic constraints on large-scale industrialization during the Porfiriato, he explains the factors that led to an industrial sector marked by concentration of ownership, oligopoly and monopoly production, the inability to compete in international markets, and the need for constant government protection and subsidies.
Publication: US
Imprint: Stanford University Press
Returns: Non-returnable
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