México: política económica 1940-1990

México: política económica 1940-1990

Industrial Development in Mexico Post-World War II

Emergence of Domestic Industries

  • The aftermath of World War II saw a shift towards domestic production, as the national industry began to manufacture goods previously imported since 1929.
  • Infrastructure development in communications and transport created significant demand for products, which was met by Mexican goods.

Import Substitution Policy

  • The import substitution policy initiated during the global economic crisis led to increased industrial growth and production of essential goods like sugar, alcohol, and cement.
  • This policy aimed to reduce dependency on foreign imports by fostering local industries that could produce necessary consumer goods.

Government Support and Economic Stability

  • Presidents Manuel Ávila Camacho and Miguel Alemán Valdez implemented protectionist policies that supported industrial growth through government resources.
  • By the late 1960s, however, agricultural sectors faced decline due to reliance on imported grains, indicating a need for further economic reform.

Stabilization Development Phase

  • The "stabilizing development" phase (1955 onwards under Adolfo Luis Cortínez's government) focused on maintaining stable prices for goods and wages while managing external debt.
  • This period marked increasing dependence on foreign capital, particularly from U.S. transnational corporations.

Economic Crisis in the 1970s

  • By the early 1970s, Mexico entered a critical economic phase characterized by stagnation in industrial activity amid rising population demands for employment.
  • Agricultural sectors lagged behind as resources were diverted to support industry rather than reinvested into farming practices.

Response to Economic Challenges

  • José López Portillo's administration launched initiatives aimed at exploiting new industries but faced challenges due to declining oil prices impacting national revenue.

Economic Growth and Environmental Challenges in Mexico

Impact of Population Growth and Environmental Pollution

  • The growth of the population has led to significant environmental pollution, creating serious challenges for sustainable development.
  • Exploitation of natural resources has resulted in contamination and ecological imbalance, highlighting the need for rational industrial and agricultural development.
  • The Mexican government utilized oil export revenues to create jobs; however, this was accompanied by excessive public spending which became unsustainable as international oil prices fell.

Industrial Policy Changes

  • The government canceled protective policies for national industries established in previous decades, aiming to encourage investment and boost manufacturing through maquiladoras.
  • Despite efforts to stimulate technological progress via industrial reconversion, the growing industry could not absorb the increasing employment demands from rural migration to urban areas.

Current Economic Landscape

  • Today's Mexico faces severe issues both in rural and urban settings due to population growth and environmental degradation.
Video description

Video sobre la política económica de México durante los años 1940-1990, editado con fines didácticos para el proyecto Sec'21, a partir de un programa de Telesecundaria.