JOHN MASON HART
- Published in print:
- 2002
- Published Online:
- March 2012
- ISBN:
- 9780520223240
- eISBN:
- 9780520939295
- Item type:
- chapter
- Publisher:
- University of California Press
- DOI:
- 10.1525/california/9780520223240.003.0016
- Subject:
- History, Latin American History
This chapter examines the situation of Mexico in the new world order. As the end of the twentieth century approached, the political leadership of Mexico continued to pursue foreign investments, ...
More
This chapter examines the situation of Mexico in the new world order. As the end of the twentieth century approached, the political leadership of Mexico continued to pursue foreign investments, privatization, and free trade despite a lack of evidence that the program was actually benefiting the majority of its citizens. President Ernesto Zedillo Ponce de León continued the policies of his predecessors believing that the only solution for Mexico's economic woes was privatization combined with the recruitment of foreign capital. This chapter evaluates whether the Mexican masses can benefit from the infusion of foreign investments from the U.S.Less
This chapter examines the situation of Mexico in the new world order. As the end of the twentieth century approached, the political leadership of Mexico continued to pursue foreign investments, privatization, and free trade despite a lack of evidence that the program was actually benefiting the majority of its citizens. President Ernesto Zedillo Ponce de León continued the policies of his predecessors believing that the only solution for Mexico's economic woes was privatization combined with the recruitment of foreign capital. This chapter evaluates whether the Mexican masses can benefit from the infusion of foreign investments from the U.S.
JOHN MASON HART
- Published in print:
- 2002
- Published Online:
- March 2012
- ISBN:
- 9780520223240
- eISBN:
- 9780520939295
- Item type:
- chapter
- Publisher:
- University of California Press
- DOI:
- 10.1525/california/9780520223240.003.0009
- Subject:
- History, Latin American History
This chapter examines the increase in the number of American immigrants who entered Mexico as colonists and settlers during the late nineteenth century and the first decade of the twentieth century. ...
More
This chapter examines the increase in the number of American immigrants who entered Mexico as colonists and settlers during the late nineteenth century and the first decade of the twentieth century. The presence of American immigrants helped the economy prosper. However, the economic well-being of the Mexican masses, and the local and provincial elites as well, began to erode in the late 1890s. The growth of Mexico depended on the process of development and the importation of foreign capital. Thus, when the flow of foreign capital became erratic, when it was not directed toward needs dictated by changing economic conditions, or when it contradicted the expectations of the public, political instability started to arise.Less
This chapter examines the increase in the number of American immigrants who entered Mexico as colonists and settlers during the late nineteenth century and the first decade of the twentieth century. The presence of American immigrants helped the economy prosper. However, the economic well-being of the Mexican masses, and the local and provincial elites as well, began to erode in the late 1890s. The growth of Mexico depended on the process of development and the importation of foreign capital. Thus, when the flow of foreign capital became erratic, when it was not directed toward needs dictated by changing economic conditions, or when it contradicted the expectations of the public, political instability started to arise.
JOHN MASON HART
- Published in print:
- 2002
- Published Online:
- March 2012
- ISBN:
- 9780520223240
- eISBN:
- 9780520939295
- Item type:
- chapter
- Publisher:
- University of California Press
- DOI:
- 10.1525/california/9780520223240.003.0017
- Subject:
- History, Latin American History
This concluding chapter sums up the key findings of this study on the nature of U.S. involvement and influence in Mexico. The relationship that evolved between the United States and Mexico beginning ...
More
This concluding chapter sums up the key findings of this study on the nature of U.S. involvement and influence in Mexico. The relationship that evolved between the United States and Mexico beginning at the end of the American Civil War anticipated the issues of globalism that emerged during the 1990s. Mexicans should face the fact that Americans have decisively affected the history of their country from the early nineteenth century to the present. The proximity of the U.S. has also created often unrealistic hopes for a generalized prosperity for the Mexican masses in an underdeveloped and under-capitalized country that is dominated by an economic and political oligarchy.Less
This concluding chapter sums up the key findings of this study on the nature of U.S. involvement and influence in Mexico. The relationship that evolved between the United States and Mexico beginning at the end of the American Civil War anticipated the issues of globalism that emerged during the 1990s. Mexicans should face the fact that Americans have decisively affected the history of their country from the early nineteenth century to the present. The proximity of the U.S. has also created often unrealistic hopes for a generalized prosperity for the Mexican masses in an underdeveloped and under-capitalized country that is dominated by an economic and political oligarchy.
