Classical demands and informal supplies: Two key missing pieces of Mexico’s growth puzzle

Alain Ize
Additional contact information
Alain Ize: Columbia University

Estudios Económicos, 2025, vol. 40, issue 1, 1-60

Abstract: Why did Mexico's growth declined so much after the economy opened up? And why so little growth despite so many exports? The narratives proposed to explain these puzzles miss two key pieces: classical demands and informal supplies. To grow faster, the country needs to focus not just on its export supply capacity but also on its capacity to grow domestically and enhance productivity by pulling in informal labor. In a globalized world, this requires developing export niches that generate sufficient domestic value and producing goods and services that are more innovative, more attractive and with more dynamic demands.

JEL-codes: F10 (search for similar items in EconPapers)
Date: 2025
References: Add references at CitEc
Citations:

Downloads: (external link)
https://estudioseconomicos.colmex.mx/index.php/economicos/article/view/462 (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:emx:esteco:v:40:y:2025:i:1:p:1-60

Access Statistics for this article

More articles in Estudios Económicos from El Colegio de México, Centro de Estudios Económicos Contact information at EDIRC.
Bibliographic data for series maintained by Ximena Varela ().