Export-Oriented Industrialization Strategy: a form of Mexico-Brazil competitiveness1980-2003

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Published Oct 19, 2020
DOI https://doi.org/10.17981/econcuc.42.1.2021.Org.2

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Elías Gaona Rivera
Autonomous University of the State of Hidalgo
https://orcid.org/0000-0003-2630-219X
Danae Duana Avila
Autonomous University of the State of Hidalgo
https://orcid.org/0000-0003-2286-2843

Abstract

The economic crisis that occurred in Mexico in 1982 was a watershed for its economy. Analyzing the industrialization strategies implemented in Mexico and Brazil, from a descriptive research using a quantitative methodology, where the export-oriented industrialization strategies between the two economies were examined, the need to restructure their productive apparatus was indisputable, to reincentivize its capitalist accumulation cycle, for which the country saw the need to undertake macroeconomic reforms. Among the great readjustments that it underwent, the economic opening stands out, which has sought in global terms, to promote structural change, mainly through the activation of the most dynamic manufacturing industries, which should become the engine of economic growth. With this new development project, the State had to give up its interventionist role and had to make way for market forces to solve the structural problems that substitute industrialization caused. Therefore, a fundamental question was posed: will the purely neoclassical export-oriented industrialization (IOE) development strategy truly make it possible to solve Mexico's structural difficulties, so that progress is made on a continuous path of growth in the long term?.

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How to Cite
Gaona Rivera, E., & Duana Avila, D. (2020). Export-Oriented Industrialization Strategy: a form of Mexico-Brazil competitiveness1980-2003. ECONÓMICAS CUC, 42(1), 153–167. https://doi.org/10.17981/econcuc.42.1.2021.Org.2
Issue
Vol. 42 No. 1 (2021)
Section
Articles: Administration, Organization and Methods
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