1993
DOI: 10.1177/0094582x9302000302
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Mexico's Long Crisis

Abstract: terms of its &dquo;flexibility&dquo;: more flexible labor processes-including increased reliance on part-time, temporary, and/or subcontracted work arrangements (to which female labor is central)―and more flexible industrial organization worldwide. Core capital has shifted its strategy from economies of scale to economies of scope-a flexible range of forms of capital from state-of-theart, high-tech production facilities to organized subcontracting that &dquo;in some instances permits older systems of do… Show more

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Cited by 19 publications
(3 citation statements)
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“…The withdraw of the public sector and the corresponding stall in GDP growth (GDPPC decreased by 15% from 1982 to 1988) led to inflationary times with declines in real wages and a further drop in federal revenues (Brachet‐Marquez, , p. 1300). The woes accelerated as devaluations of the peso and the nationalization of the banks led to monetary flight and thus a repetition of the cycle as government officials continued to borrow more (McCaughan, , p. 16). Exaggerated governmental response to mobilizations of union members, peasant organizations, and university students stirred up general distrust in government.…”
Section: The Four Origin Stories Of the Industry In Mexicomentioning
confidence: 99%
“…The withdraw of the public sector and the corresponding stall in GDP growth (GDPPC decreased by 15% from 1982 to 1988) led to inflationary times with declines in real wages and a further drop in federal revenues (Brachet‐Marquez, , p. 1300). The woes accelerated as devaluations of the peso and the nationalization of the banks led to monetary flight and thus a repetition of the cycle as government officials continued to borrow more (McCaughan, , p. 16). Exaggerated governmental response to mobilizations of union members, peasant organizations, and university students stirred up general distrust in government.…”
Section: The Four Origin Stories Of the Industry In Mexicomentioning
confidence: 99%
“…The centralized national government focused on self‐dependence, import substitution and protecting nationalized industries. The financial crisis of the 1980s left Mexico under the dictates of global financial institutions, compelling the sale of state‐owned industries and the shift to a neoliberal model of governance (McCaughan, 1993: 16). The command economy ‘with the state as a businessman, now got out of the way for the businessmen’.…”
Section: Introductionmentioning
confidence: 99%
“…Coinciding with a global slowdown, an era of high inflation in Mexico meant a decline in real wages and living standards from 1980 through 1992 (ibid. : 15; McCaughan, 1993: 17). Labour participation rates dropped from 74.6 per cent for men in 1973, to 68.6 per cent in 1983, taking the country more than a decade to recover (Fleck and Sorrentino, 1994: 11).…”
Section: Introductionmentioning
confidence: 99%