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Institutions and investment : the political basis of industrialization in Mexico before 1911 /
Edward Beatty.
imprint
Stanford, Calif. : Stanford University Press, 2001.
description
xii, 296 p. : ill. ; 24 cm.
ISBN
080474064X (alk. paper)
format(s)
Book
Holdings
More Details
series title
imprint
Stanford, Calif. : Stanford University Press, 2001.
isbn
080474064X (alk. paper)
catalogue key
4585303
 
Includes bibliographical references and index.
A Look Inside
Excerpts
Flap Copy
Mexico began its long and often painful transition from an agricultural and rural society to one largely industrial and urban during the late "Porfiriato," the period between 1890 and 1910. Challenging the standard view of the Porfirian state as dominated by personalist politics, foreign financial interests, and a disadvantageous export economy, this book argues that beginning in the 1890s, the Mexican government adopted a coherent set of economic policies explicitly designed to foster Mexican industry, notably manufacturing. The author offers the first systematic explanation of why private investment came to Mexican domestic industry in an era when we would expect investors to prefer export-oriented activities, and when imported manufactures held every advantage in the domestic market. He shows that the government of Porfirio Diaz encouraged the development of a domestic industrial sector through a planned and carefully administered set of laws and policies, including commercial policy (import tariffs), intellectual property law (patents), and the New Industries program (that provided tax incentives to entrepreneurs who set up new industries). This study also offers a case study of rapid institutional change in the context of a relatively backward and transitional economy. Within a historical context, it argues that Mexico's federal bureaucracy proved able to craft, administer, and adjudicate economic policy in relative freedom from political considerations, resulting in an increasingly diverse economic structure. Within a theoretical context, it argues that institutions play a crucial role in shaping investment behavior, but that understanding this relationship requires careful attention to the structure of policy, to patterns of its administration, to the response of entrepreneurs, and to the broader economic and historical context. This case thus suggests a more nuanced view of the theories of the "New Institutional Economics."
Reviews
Review Quotes
"Beatty has produced a well-researched, carefully analyzed, and conceptually imaginative work. The writing is effective, the use of tables and graphs is appropriate, the organization is clear, and the conclusions are convincing. . . . Beatty . . . has provided a sophisticated contribution to our knowledge of Mexico before the revolution of 1910."-- History: Reviews of New Books
"Beatty has produced a well-researched, carefully analyzed, and conceptually imaginative work. The writing is effective, the use of tables and graphs is appropriate, the organization is clear, and the conclusions are convincing. . . . Beatty . . . has provided a sophisticated contribution to our knowledge of Mexico before the revolution of 1910."--History: Reviews of New Books
"Beatty's book excels in its systematic analysis of late nineteenth-century Mexican patent and promotional laws; legal, tariff, and tax codes; and in its rigorous view on Mexico's economic bureaucracy."--Latin American Research Review
"Beatty's study is an important one with much to tell us about this seminal period of modern Mexico . . . .Proof of the quality of Beatty's study is that is raises as many questions as it answers."Business History Review
"Beatty's study is an important one with much to tell us about this seminal period of modern Mexico . . . .Proof of the quality of Beatty's study is that is raises as many questions as it answers."-- Business History Review
"In an extremely well written and thoroughly researched monograph, Edward Beatty explores a subset of the institutional changes put into place under Diaz. . . . [This] is a book that all serious students of Latin American economic history should read. It offers enormous insight and an all too rare glimpse into the evolution and workings of selected strategic institutions in Porfirian Mexico."EH.Net
"In an extremely well written and thoroughly researched monograph, Edward Beatty explores a subset of the institutional changes put into place under Diaz. . . . [This] is a book that all serious students of Latin American economic history should read. It offers enormous insight and an all too rare glimpse into the evolution and workings of selected strategic institutions in Porfirian Mexico."-- EH.Net
This item was reviewed in:
Reference & Research Book News, February 2002
To find out how to look for other reviews, please see our guides to finding book reviews in the Sciences or Social Sciences and Humanities.
Summaries
Back Cover Copy
"Beatty has produced a well-researched, carefully analyzed, and conceptually imaginative work. The writing is effective, the use of tables and graphs is appropriate, the organization is clear, and the conclusions are convincing. . . . Beatty . . . has provided a sophisticated contribution to our knowledge of Mexico before the revolution of 1910."History: Reviews of New Books "In an extremely well written and thoroughly researched monograph, Edward Beatty explores a subset of the institutional changes put into place under Diaz. . . . [This] is a book that all serious students of Latin American economic history should read. It offers enormous insight and an all too rare glimpse into the evolution and workings of selected strategic institutions in Porfirian Mexico."EH.Net
Back Cover Copy
"Beatty has produced a well-researched, carefully analyzed, and conceptually imaginative work. The writing is effective, the use of tables and graphs is appropriate, the organization is clear, and the conclusions are convincing. . . . Beatty . . . has provided a sophisticated contribution to our knowledge of Mexico before the revolution of 1910."--History: Reviews of New Books "In an extremely well written and thoroughly researched monograph, Edward Beatty explores a subset of the institutional changes put into place under Diaz. . . . [This] is a book that all serious students of Latin American economic history should read. It offers enormous insight and an all too rare glimpse into the evolution and workings of selected strategic institutions in Porfirian Mexico."--EH.Net
Bowker Data Service Summary
Edward Beatty shows how the Porfirio Diaz government in turn-of-the century Mexico encouraged the growth of a domestic industrial sector through a planned and carefully administered set of laws and policies.
Table of Contents
List of Tables and Figuresp. ix
Acknowledgmentsp. xi
Introductionp. 3
"Our material progress": Political Institutions and the Mexican Economy in the Nineteenth Centuryp. 23
"We only want to compete": Import Tariffs and Domestic Industryp. 48
"The guarantees of our laws": Patent Law Reform in the Nineteenth Centuryp. 82
"Lo mas moderno": Patents and Investment in Foreign Technologiesp. 105
"The risks of new enterprise": Support for New Industriesp. 133
"For reasons of personal consideration": Patronage and the Administration of Tax Exemptionsp. 159
Conclusionsp. 187
Tariffs and Levels of Protectionp. 207
Patenting Levels and Classesp. 213
The Standard Industrias Nuevas Contractp. 215
Industrias Nuevas Applications Approvedp. 218
Industrias Nuevas Applications Deniedp. 222
Industrias Nuevas Requests Deniedp. 225
Notesp. 229
Bibliographyp. 275
Indexp. 291
Table of Contents provided by Syndetics. All Rights Reserved.

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