Neodevelopmentalism vs. Neoliberalism: Differential Evolutionary Institutional Structures and Policy Response in Brazil and Mexico

  title={Neodevelopmentalism vs. Neoliberalism: Differential Evolutionary Institutional Structures and Policy Response in Brazil and Mexico},
  author={James Martin Cypher},
  journal={Journal of Economic Issues},
  pages={391 - 400}
  • J. Cypher
  • Published 1 June 2013
  • Political Science, Economics
  • Journal of Economic Issues
From 1983 onward, Mexico has unswervingly embraced neoliberalism, following the Washington Consensus. After haltingly sliding toward neoliberalism in the 1990s, Brazil has adopted an economic policy stance, sometimes termed "neodevelopmentalism," entailing a forceful and successful "growth with redistribution" strategy. Mexico, having embraced policy nihilism, has endured a relative stagnation in income and employment, accompanied by a rising incidence of poverty and massive emigration. This… 

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