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Empire and RevolutionThe Americans in Mexico since the Civil War$
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John Mason Hart

Print publication date: 2002

Print ISBN-13: 9780520223240

Published to California Scholarship Online: March 2012

DOI: 10.1525/california/9780520223240.001.0001

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PRINTED FROM CALIFORNIA SCHOLARSHIP ONLINE (www.california.universitypressscholarship.com). (c) Copyright University of California Press, 2021. All Rights Reserved. An individual user may print out a PDF of a single chapter of a monograph in CALSO for personal use.date: 17 September 2021

Return of the American Financiers

Return of the American Financiers

Chapter:
(p.432) 14 Return of the American Financiers
Source:
Empire and Revolution
Author(s):

JOHN MASON HART

Publisher:
University of California Press
DOI:10.1525/california/9780520223240.003.0015

This chapter focuses on the return of American financiers to Mexico. During the 1980s and the 1990s Mexico suffered economic stagnation and was forced to adopt the strategy of selling private industries and encourage free trade with the U.S. The privatization of most of Mexico's state-owned enterprises and the ratification of the North American Free Trade Agreement (NAFTA) brought the largest U.S. firms back to the Mexican marketplace. After this the financial relationship between Mexico and the United States continued to deepen and broaden. Another issue that propelled Mexico to the forefront of American attention once again was the campaign against drug trafficking.

Keywords:   American financiers, Mexico, economic stagnation, privatization, state-owned enterprises, NAFTA, drug trafficking

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