The mexican political regime and its legacy of economic reforms

Abstract

The Mexican political regime adopted open market policies since the mid-eighties, which signified a change with respect to the Keynesian paradigm of the role of the State. The more market-oriented policy gained renewed momentum in the Western world-even in Eastern Europe-once socialism entered crisis and the essence of laissez faire presented itself as the ideological winning alternative. The purpose of this work is to identify economic reforms as a legacy of the mexican political regime, which are in the international context of trade liberalization. The hypothesis that arises is that these reforms undertaken in Mexico have not achieved higher rates of economic growth and well-being of the majority of the population, since they were not the result of consensus, nor were they designed in response to the public interest, as they also did not adhere to the principles of truthfulness. The methodology used is qualitative and quantitative. The results show that, in general, the reforms augured well-being and modernity, however, no positive indicators are observed in the referred variables. It is concluded, therefore, that it is essential that the decisions of greater importance for society should incorporate information and analysis mechanisms for the participation of all economic agents.