Núm. 57 (2022)

Mexico's Economic Growth Quandary: Time for a Classical Development Theory Approach?

Anuar Sucar Diaz Ceballos
Universidad de massachusetts amherst, Estados Unidos.
Publicado agosto 19, 2022


This paper addresses the problem of Mexico's slow economic growth. Based on the lessons of the Classical Development Theory, it advances a hypothesis on the reasons why second-generation structural reforms, embodied in the Pacto por México, do not address the principal binding constraints to economic growth.