Análisis macroeconómico de los efectos de la liberalización financiera y comercial sobre el crecimiento económico de México, 1988-2011

Abstract

This article analyzes the main obstacles to economic growth in Mexico during the past twenty five years, with a focus on the period after the passage of the North American Free Trade Agreement (nafta). Although Mexican economic policy since 1982 has been guided by a set of assumptions and prescription known as the Washington Consensus, these economic policies rather than spur-ring faster economic growth have accentuated the structural problems of the Mexican economy and have reduced Mexico's growth potential. The article also analyzes how fiscal, monetary, ex-change rate and free trade policies have hampered economic growth.