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Downsizing the State

Name: Downsizing the State
Brand: PENN STATE UNIVERSITY PRESS
SKU: 9780271026985
Price: 90.99 AUD
Availability: InStock

PENN STATE UNIVERSITY PRESSISBN: 9780271026985

Privatization and the Limits of Neoliberal Reform in Mexico

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By Dag MacLeod
Imprint: PENN STATE UNIVERSITY PRESS
Release Date: February 26, 2010
Format: PAPERBACK
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Pages: 320

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Beginning in 1983, the Mexican government implemented one of the most extensive programs of market-oriented reform in the developing world. Downsizing the State examines a key element of this reform program: the privatization of public firms.

Drawing upon interviews with government officials, business executives, and labor leaders as well as data from government archives and corporate documents, MacLeod highlights the difficulties of linking market reforms to improved public welfare. Privatization failed to live up to its promise of raising living standards or decentralizing the economy. Indeed, privatization actually increased the concentration of wealth in Mexico while redirecting the economy toward foreign markets. These findings contribute to theoretical debates regarding state autonomy and the embeddedness of economic action.

MacLeod calls into question the autonomy of the Mexican state in its privatization program. He shows that the creation of markets where public firms once dominated has involved both the destruction of social relations and the construction of new relations and institutions to regulate the market.

Contents

List of Tables and Figures

Acknowledgments

Abbreviations

1. Privatization and Competing Perspectives on Economic Organization

2. Public Ownership and the Rise of State-Led Development

3. Privatization and the Demise of State-Led Development

4. The Turbulent Privatizations of Aerom eacute xico and Mexicana de Aviaci oacute n

5. Positive-Sum Games and the Sale of Telmex

6. The Transformation and Sale of the Mexican National Railroad

7. Economic Transformation and the Limits of Neoliberal Reform

Appendix

References

Index

“These two monographs on government-business relations in contemporary Mexico (Macleod’s Downsizing the State and Shadlen’s Democratization Without Representation) share the same publisher as well as the virtues of careful research and documentation, creative synthesis of theoretical strands from political science, economic sociology and new institutional economics, an explicit comparative angle and accessibility for non-area specialists. These books can be confidently recommended as texts in graduate courses on comparative politics, sociology of economic organization, business management and public administration.”

—Kun-Chin Lin, Political Studies Review

Downsizing the State

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