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Economic Integration and Mexican Municipal Finances

In: The Changing Environment of International Financial Markets

Author

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  • Alejandra Cabello

Abstract

Economic and financial globalization is leading to profound changes in national policy making, as well as in international economic relationships. Leaving behind economic development models instrumented at the end of World War II, influenced by neo-Keynesian thought and also by structuralist paradigms in the case of the Latin American nations, countries are now looking to market forces to promote economic growth. Full liberalized global economic activity is, however, far from being complete. GATT has failed to create an adequate institutional framework for freer international trade, due to the dissimilar interests of its members, particularly among the developed countries. As a result, countries are strengthening their ties with neighbouring countries and forming economic blocs.

Suggested Citation

  • Alejandra Cabello, 1994. "Economic Integration and Mexican Municipal Finances," Palgrave Macmillan Books, in: Dilip K. Ghosh & Edgar Ortiz (ed.), The Changing Environment of International Financial Markets, chapter 18, pages 263-286, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-1-349-23161-4_18
    DOI: 10.1007/978-1-349-23161-4_18
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