Mexico (A): From Stabilized Development to Debt Crisis

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Case

Reference no. 9-797-096

Subject category: Economics, Politics and Business Environment

Authors: Huw Pill (Harvard Business School)

Published by: Harvard Business Publishing

Originally published in: 1997

Version: 27 February 2002

Length: 11 pages

Data source: Published sources

Topics: Business government relations; Country analysis; Debt management; Foreign investment; Inflation; Mexico; Political process

Share a link: https://casecent.re/p/62707

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Abstract

Describes the evolution of the Mexican economy from 1945 to 1982. Describes the import-substituting industrialization strategy pursued in the aftermath of World War II. Discusses briefly why this failed in the late 1960s and then analyzes the change of strategy toward a state-led development financed by bank-borrowing from abroad that culminated in the debt crisis. A rewritten version of an earlier case. May be used with: (9-797-050) Mexico (C): Reform and Crisis - 1987-95; (9-797-051) Mexico (D): Stabilization and Retrenchment; (9-797-105) Mexico (B): Escaping from the Debt Crisis?.

Location:

Mexico

Industry:

Government

Other setting(s):

1945-1982