FROM ENTREPRENEURIAL STATE TO STATE OF ENTREPRENEURS: OWNERSHIP IMPLICATIONS OF THE TRANSFORMATION IN MEXICAN GOVERNANCE SINCE 1982

Jose Vargas-Hernandez

LARES from Latin American Real Estate Society (LARES)

Abstract: This paper has the aim to analyze the ownership implications of the transformation in Mexican governance since 1982. The turning point of the implementation of a new model of development was prompted by the Mexican State financial crisis of 1982, after a period of steady economic growth. The entrepreneurial State since then has been under the attack of new business elite, who are the direct beneficiaries of the massive transfer of public assets and change in ownership from public property to private property. The Mexican State is now captive under the interests of entrepreneurs rule and governance. This paper brings some specific cases related with the change in ownership in the land property, the banking and financial system, the telecom company TELMEX, airlines, etc. The effects of this change in ownership are evident. A weak system of regulatory agencies and mismanagement of privatization programs has ended in private monopolies, low economic growth, uneven social development, political instability, alarming increment of insecurity, social unrest, etc.

Keywords: change in ownership; Entrepreneurial State; Mexico; state of entrepreneurs (search for similar items in EconPapers)
JEL-codes: R3 (search for similar items in EconPapers)
Date: 2009-09-01
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
https://lares.architexturez.net/doc/lares-2009-289-353-1-rv (text/html)
https://lares.architexturez.net/system/files/LARES_2009_289-353-1-RV.pdf (application/pdf)

Related works:
Journal Article: From 'entrepreneurial state' to 'state of entrepreneurs': ownership implications of the transformation in Mexican governance since 1982 (2010)
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:lre:wpaper:lares2009_289-353-1-rv

Access Statistics for this paper

More papers in LARES from Latin American Real Estate Society (LARES) Contact information at EDIRC.
Bibliographic data for series maintained by Architexturez Imprints ().