This thesis will thoroughly analyze the development of the Mexican economy since its market reform to see whether these reforms have led to the expected growth rates in exports, and – more...Show moreThis thesis will thoroughly analyze the development of the Mexican economy since its market reform to see whether these reforms have led to the expected growth rates in exports, and – more importantly - whether this export growth has translated into better living conditions, as neoclassical theory suggests it would. By testing the premises of neoclassical theory, this thesis explores whether a developing country integrating into the global economy might need different policies than those countries that have already established a strong position in the world market. This, in turn, could reveal the underlying structures that hinder Latin American countries – Mexico, in particular – to achieve long-term, stable growth rates in a neoliberal international order.Show less
