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 …

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 …

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 …

Both Chile and Mexico experienced severe economic crises in the early 1980s, but Chile recovered much faster than did … Mexico. Using growth accounting and a calibrated dynamic general equilibrium model, we conclude that the crucial determinant …