The State in the promotion of development: the institutional experience in Mexico

Abstract

In Mexico, as in many parts of the world, the question arises: how different is the productive, social and political model in this country when compared to so-called emerging countries, such as China or Singapore, or Chile and Brazil in Latin America? The answer is complex for some, but clearer for others. In the 1970s, the current of thought that introduces the study of institutions into economics intensified North (2006), the main propagator of this current, states "if organizations (companies, unions, farmers, political parties, congressional committees, among others) devote a large part of their efforts to some unproductive activity, institutional constraints have provided the incentive structure for such an attitude".