Arbeitspapier

Productive Development Policies in Latin America and the Caribbean: The Case of Mexico

While Mexico has potential to grow rapidly, its economic growth has remained low for the past three decades. There is no consensus on the country’s development path or on how to achieve specific goals. Since the policy debate remains ideological and lacks pragmatism, productive development policies (PDPs) are often uncoordinated, redundant or even incongruent with each other. It is therefore important to understand the process whereby PDPs are designed and the institutional setting in which they are are implemented. This paper consequently examines whether PDPs respond to market failures and/or government failures. When PDPs are not designed to address specific market failures they can produce unwanted results or prove completely ineffective. When PDPs do address government failures, it is important to determine the reasons why the failure cannot be corrected in the first place and whether PDPs will be effective at addressing the problem in a second-best manner.

Sprache
Englisch

Erschienen in
Series: IDB Working Paper Series ; No. IDB-WP-168

Klassifikation
Wirtschaft
Industrial Policy
Institutions and Growth
Thema
Industrial Policy
Institutions
Policymaking
Mexico

Ereignis
Geistige Schöpfung
(wer)
Baz, Veronica
Capelo, Maria Cristina
Centeno, Rodrigo
Estrada, Ricardo
Ereignis
Veröffentlichung
(wer)
Inter-American Development Bank (IDB)
(wo)
Washington, DC
(wann)
2010

Handle
Letzte Aktualisierung
20.09.2024, 08:22 MESZ

Datenpartner

Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.

Objekttyp

  • Arbeitspapier

Beteiligte

  • Baz, Veronica
  • Capelo, Maria Cristina
  • Centeno, Rodrigo
  • Estrada, Ricardo
  • Inter-American Development Bank (IDB)

Entstanden

  • 2010

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