Downsizing the State: Privatization and the Limits of Neoliberal Reform in Mexico

MacLeod, Dag

ISBN 10: 0271026987 / ISBN 13: 9780271026985

Published by Penn State University Press, 2005

About this Item

Seller Inventory # 5D400000AFZQ_ns

Bibliographic Details

• Title: Downsizing the State: Privatization and the Limits of Neoliberal Reform in Mexico
• Publisher: Penn State University Press
• Publication Date: 2005
• Language: English
• ISBN 10: 0271026987
• ISBN 13: 9780271026985
• Binding: Soft cover
• Condition: new

About this title

Synopsis

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.

About the Author

Dag MacLeod was a Fulbright fellow in Mexico in 1997 and received his PhD in sociology from the Johns Hopkins University in 2001. He currently manages the Office of Court Research at the Judicial Council of California where he conducts research on public policy and public administration.