Employment and Stabilisation in Mexico

Leonard Mertens Leave a Comment

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Autor: Leonard Mertens

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Última Actualización: 01-10-2018 6:41

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Mexico has been at the forefront of the debt crisis since 1982 and the impact of the crisis 1n terms of low growth and high unemployment is still very severe. The principal objective of this study is to show that the current crisis, while il has its immediate origins in falling oil prices and higher interest rates, is fundamentally caused by the economic development model, and especially the industrialisation process that the country has followed over the past three or four decades.

 

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