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About The Book
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<p>Mexicans and those who follow Mexican affairs were optimistic in 2000 when the country experienced its first alternation in government (from the Partido Revolucionario Institucional –PRI--to the Partido Acción Nacional--PAN) in more than 70 years. Moreover the Mexican economy had been restructured in a more open market-led direction in the course of the 1980s and 1990s. The outcomes of these dual transitions were expected to create a new type of politics that were representative and accountable to citizens and an economy that would grow rapidly as it was forced to modernize by facing international competition.</p><p></p><p>Some two decades later views about Mexico are much less sanguine and for many the country continues to follow a bipolar politico-economic trajectory characterized by periods of enthusiasm and mania which are followed by crisis and depression. This book presents a new analytical framework and reviews in detail Mexico’s political and economic history since the 1980s. The explanation offered is based on the idea of ‘misplaced monopolies’--i.e. an open political regime but a weak fragmented state and an internationally open economy but highly concentrated economic sectors and activity in the domestic sphere. Accordingly sown in the course of the crisis-ridden 1980s and 1990s misplaced monopolies grew roots and became core features of Mexico’s political economy in the 2000s and 2010s. The end result has been great concentration of wealth in a small number of hands and the dramatic growth in brutal violence in many parts of the country. From this perspective unless ‘misplaced monopolies’ are reversed conditions will remain prone to crisis polarization and conflict in Mexico. This volume concludes by extrapolating the framework and placing Mexico in comparative perspective alongside internationally important countries such as Brazil China India and Russia.</p><p></p><p>This is a highly original investigation that will interest people who follow Mexican politics and its economy. The analytical framework will be of use to analysts scholars and students of comparative political economy democratization studies market reforms and security and conflict studies.</p>