Report
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Eduardo Zepeda, Scott McDonald, Manoj Panda, …
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Source: Getty
In The Media
Learning from the Past: Mexico's Failed Pro-Market Policy Experience
Mainstream economic policies in Mexico managed to generate growth that proved neither pro-poor nor sustained. The Mexican experience shows the need to leave behind the blind faith in market forces and embrace employment-based policies.
Published on Dec 1, 2008
Source: Poverty in Focus
Zepeda argues that while trade liberalization, the enactment of NAFTA, the promotion of export-oriented factories did create some jobs, the overall economic strategy had only weak labor results in general and specifically failed to increase unskilled workers’ earnings. Zepeda urges the rejection of a singular reliance on free market forces to create employment and improve income distribution. Instead, he recommends adopting employment-based development strategies as the viable alternative to generate pro-poor growth.
To view the entire December 2008 edition of Poverty in Focus:
http://www.undp-povertycentre.org/pub/IPCPovertyInFocus16.pdf
About the Author
Eduardo Zepeda
Former Senior Associate, Trade, Equity and Development Program
Zepeda is inter-regional policy coordinator of the Development Policy and Analysis Division, Department of Economic and Social Affairs at the United Nations General Secretariat. He was previously a senior associate in the Trade, Equity, and Development Program at the Carnegie Endowment for International Peace.
- Employing India: Guaranteeing Jobs for the Rural Poor
- Rethinking Trade Policy for Development: Lessons From Mexico Under NAFTAOther
Eduardo Zepeda, Timothy A. Wise, Kevin P. Gallagher
Recent Work
Carnegie does not take institutional positions on public policy issues; the views represented herein are those of the author(s) and do not necessarily reflect the views of Carnegie, its staff, or its trustees.
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