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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 modest. We analyze the economic history of Mexico...
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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 modest. We analyze the economic history of Mexico...
Persistent link: https://www.econbiz.de/10012460957
Mexico grew -0.1% in 2019. That rate is well below the average between 1980 and 2018, which is 2.4%. Our hypothesis is that the Mexican economy suffered a pre-COVIDfall in its trend growth. To validate the hypothesis we proceed as follows: i) analyze the dynamics of some macroeconomic variables...
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