Brasil ”“ México: trayectorias estructurales diferenciadas
DOI:
https://doi.org/10.21057/repam.v6i2.8188Keywords:
comparative analysis. growth path. economic policies effects. domestic market.Abstract
In the last decade Brazil growth has allowed the country to become the sixth economy in the world, while Mexico has lagged behind even when their economies paired in size at the middle of the XXIst century first decade. Roots of this gap can be found in government policies that have strengthened domestic market in Brazil, while Mexico quest for stability and globalization has hindered the potential of domestic market and reduced the effect of global value chains. Comparative analysis of these Latin American economies confirms the theoretical approach of development theory, that strengthening domestic market is the best way to approach economies of scale in the global economy.
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