Describes the evolution of the Mexican economy from 1945 to 1982. Describes the import substitution industrialization strategy, implemented in the period after the Second World War. We discuss briefly why this is not possible, in the late 1960's, and then analyzes the changing strategy for the state-led development financed by the bank borrowing from abroad, which led to the debt crisis. Rewritten version of the previous case. "Hide
by Hugh Pill Source: Harvard Business School 11 pages. Publication Date: February 24, 1997. Prod. #: 797096-PDF-ENG
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