Abstract

ABSTRACT Scholars in the field of development have recently begun to highlight the demise of neoliberal hegemony. Still, testimonies of emerging economies that are struggling to move on from embedded neoliberal strategies and institutions have also surfaced across the globe. By analysing the recent conflict that the Mexican state experienced when trying to revert market-oriented reforms in its energy sector, this paper aims to contribute to the literature on neoliberal resilience and the literature on Polanyian dynamics beyond the Global North. Accordingly, through a Polanyian perspective, the paper highlights how a recent constitutional lock-in of competition policies have thus far stifled intended protective countermovements by the Mexican state.

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