The Mexican Economy, 1870-1930 PDF ePub eBook

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The Mexican Economy, 1870-1930 free pdf Until the last decades of the 19th century, Mexico faced the twin problems of chronic political instability and slow economic growth. During the period of the Porfirio Diaz dictatorship (1876-1911), however, a series of institutional reforms reignited growth and created rents that enabled the Diaz government to threaten its opponents with military force or to buy them off. These institutional reforms came out of distinctly political processes, which often had to be brokered among multiple groups of economic elites and regional political bosses. Therefore, they were often structured to encourage investment by specifying property rights or creating streams of rents for particular entrepreneurs. In short, Porfirian Mexico is an excellent natural laboratory in which to investigate not only how institutional change can foment economic growth, but also how specific features of political institutions give rise to specific economic institutions that have both positive and negative effects on growth and distribution. In fact, the distributional consequences of the Porfirian regime gave rise to the Mexican Revolution of 1910 to 1917, which produced a further round of dramatic changes in Mexico's political institutions. These changes, in turn, restructured the institutions that governed property rights and those that determined the allocation of rents generated by property rights. This work aims both to identify the crucial institutions and to measure their economic effects. In addressing these issues, the contributors to this volume employ theoretical insights from the New Institutional Economics and statistical hypothesis-testing as well as traditional archival methods. Thus, in addition to advancing the field of Latin American economic history by studying the interaction of political and economic institutions during the period 1870-1930, the text also seeks to make a methodological contribution by using analytic tools.

About Jeffrey Bortz

Jeffrey Bortz is Professor of History at Appalachian State University, and the author of various studies on unions, wages, and textile workers in Mexico. Stephen Haber is Professor of Political Science and History, and Peter and Helen Bing Fellow of the Hoover Institution, at Stanford University. He is the author of Industry and Underdevelopment: The Industrialization of Mexico, 1890-1940 (Stanford, 1989) and editor of How Latin America Fell Behind: Essays on the Economic Histories of Brazil and Mexico, 1850-1914 (Stanford, 19

Details Book

Author : Jeffrey Bortz
Publisher : Stanford University Press
Data Published : 30 June 2002
ISBN : 0804742073
EAN : 9780804742078
Format Book : PDF, Epub, DOCx, TXT
Number of Pages : 368 pages
Age + : 15 years
Language : English
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