Abstract

After the 1982 crisis, Mexico entered into a painful, distressful, and controversial period of state restructuring. Beginning in the 1982, and led by President Miguel de la Madrid (1982-88), Mexico began to withdraw the state from direct involvement in economic affairs adopting economic policies of privatization of state assets and reduction in state provisions for social security. Under the influence of the Institutional Revolutionary Party (PRI), the Mexican State initiated economic modernization and participation in the globalization processes, as a response to the trends of the economic globalization of markets, and the technological revolution that began during the last two decades of the past century. This paper aims to analyze the chronological study of entrepreneuriship and ownership in Mexican governance since 1982

Highlights

  • Ownership of the Mexican entrepreneurial Under the new economic policies of this structural adjustment reform, one important that changed ownership was the privatization of state-owned enterprises and banks

  • Mexico ranked second in privatization in Latin America during the decade of the nineties when the government transferred to private corporations assets that amounted to 31,458 million dollars, which represented 20.4 percent of the total sales of state owned enterprises in Latin America

  • Change of the party in power: The Mexican State of entrepreneurs in the new PAN – presidentialist period In Mexico the XXI century began with the new paradigm of the entrepreneur and manager government

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Summary

Introduction

Ownership of the Mexican entrepreneurial Under the new economic policies of this structural adjustment reform, one important that changed ownership was the privatization of state-owned enterprises and banks. The state-owned firms had been purchased by the larger domestic and foreign business conglomerates. Mexican economic nationalism emerged as a result of promoting public and private Mexican capital to avoid foreign investment, mainly by the United States. In 1982 state owned enterprises produced 14 percent of gross national product (GNP), received net transfers and equal subsidies of 12.7 percent of GNP and represented 38 percent of investment in fixed capital. The crisis of 1982 was meaningful as the crisis of hegemony, which was present in the old alliance between the State and ECC who represented national capital and were the direct beneficiaries of economic policies based on the import substitution model

Ownership transition of the Mexican State
Change of the party in power
Changes in ownership: from State owned enterprises to private monopolies
Change in ownership in the telecommunications sector
Change in ownership of the banking sector
Change in land ownership
Change in ownership in other important economic sectors
Change of ownership of the two jewels of the crown
10. Re-assessing change of ownership in México
11. Results and Discussions
Refrences
Full Text
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