000 01947naa a2200205uu 4500
001 8011612353219
003 OSt
005 20190212110035.0
008 080116s1998 bl ||||gr |0|| 0 por d
100 1 _aMARYER-SERRA, Carlos Elizondo
_933458
245 1 0 _aTres trampas :
_bsobre los orígenes de la crisis económica mexicana
260 _aSão Paulo :
_bEditora 34,
_cout./dez. 1998
520 3 _aIn all developing countries facing economic reform there are political and economic obstacles to such a radical change. In the case of Mexico, however, during the Salinas administration (1988-94), a new economic crisis exploded after serious changes had taken place and the economy seemed to have stabilized and was prepared for continuous growth under a new development strategy. By the end of the six year presidential period, the old cycle of boom and bust returned. This article seeks to understand why has the Mexican economy ended in two of the last three presidential periods with an overvalued exchange rate, high deficits of the current account, unsustainable short term debt, and a financial crisis. The article focuses on the Salinas administration, but shows that a similar logic led to economic crisis in the Echeverría (1970-76) and López Portillo (1976-82) administrations. It is argued that the 1994 crisis is the result of three traps: an international context which allowed a masive entrance of capital flows, the ideology of the state elite, and the incentives provided by the institutional framework. These three traps were also present in the previous two crisis
590 _aRevista de Economia Política 1998
590 _av. 18, n. 4(72)
773 0 8 _tRevista de Economia Política = Brazilian Journal of Political Economy
_g18, 4, p. 122-140
_dSão Paulo : Editora 34, out./dez. 1998
_xISSN 01013157
_w
942 _cS
998 _a20080116
_b1235^b
_cMariana
998 _a20140210
_b1045^b
_ckarina
999 _aConvertido do Formato PHL
_bPHL2MARC21 1.1
_c25467
_d25467
041 _apor