Abstract (may include machine translation)
The Mexican debt crisis and adjustment policies following the financial breakdown of 1982 had serious social consequences. Covering the administration De la Madrid (1982 - 1988) the article reviews the available information about variations in primary incomes. The distributive changes are analysed according to the classic cleavages capital/work, formal/informal and urban/rural sector. Existing evidence suggests that members of the urban informal economy were as hard hit as the formal sector workers who experienced a halving of their remunerations within a few years. Agricultural incomes seem to have been relatively protected only during the first years of the crisis. Finally, a small group of entrepreneurs located simultaneously in various economically strategic positions can be identified as unequivocal beneficiaries of the crisis. -English summary
Translated title of the contribution | The distributive effect of the debt crisis and adjustment policies in Mexico |
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Original language | German |
Pages (from-to) | 63-85 |
Number of pages | 23 |
Journal | Journal fur Entwicklungspolitik |
Volume | 7 |
Issue number | 4 |
State | Published - 1991 |