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We contribute to the long debated issue of whether inward foreign direct investment (FDI) can stimulate investment in … of FDI on total investment – measured as the ratio of gross fixed capital formation to GDP – but only if multinational …
Persistent link: https://www.econbiz.de/10012965418
Following its opening to trade and foreign investment in the mid-1980s, Mexico's economic growth has been modest at … that the relation between openness and growth is not a simple one. Using standard trade theory, we find that Mexico has … continuing reforms, Chinese growth is likely to slow down sharply, perhaps leaving China at a level less than Mexico's real GDP …
Persistent link: https://www.econbiz.de/10013135399
stress in Mexico and this retards the growth of skills of its workforce. (2) The informal sector is large, mostly due to the …
Persistent link: https://www.econbiz.de/10013135761
Over the last three decades, Mexico has aggressively reformed its economy, opening to foreign trade and investment … been lackluster, trailing that of many other developing nations. In this paper, I review arguments for why Mexico hasn …. These are factors internal to Mexico. One possible external factor is that the country has the bad luck of exporting goods …
Persistent link: https://www.econbiz.de/10013137012
, industrialization, and education and that Mexico would have grown even more rapidly if trade and investment had been liberalized sooner …In 1950 Mexico entered an economic takeoff and grew rapidly for more than 30 years. Growth stopped during the crises of … 1982-1995, despite major reforms, including liberalization of foreign trade and investment. Since then growth has been …
Persistent link: https://www.econbiz.de/10013117201
Mexico's conditional cash transfer program. We find that transfers had a large effect on asset accumulation among the low …
Persistent link: https://www.econbiz.de/10013081243
Chile and Mexico experienced severe economic crises in the early 1980s. This paper analyzes four possible explanations … for why Chile recovered much faster than did Mexico. Comparing data from the two countries allows us to rule out a …
Persistent link: https://www.econbiz.de/10012774728
While outsourcing of production from the U.S. to Mexico has been hailed in Mexico as a valuable engine of growth … outsourcing industries in Mexico experience fluctuations in value added that are roughly twice as volatile as the corresponding …
Persistent link: https://www.econbiz.de/10012776813
Mexico has experienced since 1995. Although fresh domestic bank lending dried up, tradable firms obtained financing in the …
Persistent link: https://www.econbiz.de/10013210661
The sizable hoarding of international reserves by several East Asian countries has been frequently attributed to a modern version of monetary mercantilism -- hoarding international reserves in order to improve competitiveness. From a long-run perspective, manufacturing exporters in East Asia...
Persistent link: https://www.econbiz.de/10012778171