Private Investment in Mexico: An Empirical Analysis, Volume 183

· PPR Working Paper Series Book 183 · World Bank Publications
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In 1985, Mexico shifted to a growth strategy based on private investment and exports rather than on import substitution and public sector investment. The policy implications of this study are that to increase investment, Mexico should follow policies aimed at reducing investment adjustment costs and increasing factor mobility and credibility in the program of structural reforms rather than at subsidizing investment.
In 1985, Mexico shifted to a growth strategy based on private investment and exports rather than on import substitution and public sector investment. The policy implications of this study are that to increase investment, Mexico should follow policies aimed at reducing investment adjustment costs ...

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