Abstract:Mexico’s current export-led economy arose from the adoption of a market-driven model based in conditions of technological disarticulation separating dominant transnational firms from the national industrial base. This determined that, in contrast to Verdoorn’s analysis, the crucial manufacturing sector would function not as a motor-force inducing a process of autonomous national development by accelerating productivity growth and promoting product and process innovations, but rather would deepen a fragmented p… Show more
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