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The structure of industry protection in Mexico: 1960-1980

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  • Lächler, Ulrich

Abstract

In the 1950s, Mexico and a number of other Latin American countries opted for a strategy of inward-oriented development aimed at accelerating the pace of industrialization. This strategy relied heavily on a process of import substitution brought about by creating a protected domestic environment biased in favor of the modern manufacturing sectors. By the early 1960s, it was already becoming clear to many observers that import substitution policies were not delivering all they had promised, but rather provided a hindrance to development (Hirschman, 1968). Nevertheless, Mexico continued to pursue a highly protectionist course in subsequent years; see Balassa (1983).

Suggested Citation

  • Lächler, Ulrich, 1986. "The structure of industry protection in Mexico: 1960-1980," Kiel Working Papers 250, Kiel Institute for the World Economy (IfW Kiel).
    • Handle: RePEc:zbw:ifwkwp:250
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    References listed on IDEAS

    as
    1. Balassa, Bela, 1983. "Trade policy in Mexico," World Development, Elsevier, vol. 11(9), pages 795-811, September.
    2. Jagdish N. Bhagwati, 1982. "Import Competition and Response," NBER Books, National Bureau of Economic Research, Inc, number bhag82-1.
    3. W. M. Corden, 1966. "The Structure of a Tariff System and the Effective Protective Rate," Journal of Political Economy, University of Chicago Press, vol. 74(3), pages 221-221.
    4. Albert O. Hirschman, 1968. "The Political Economy of Import-Substituting Industrialization in Latin America," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 82(1), pages 1-32.
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