Political scope of the Stabilizing Developing
Government during SDM
Years import substitution model
Objectives of the accelerate model
Institutions created in the Stabilizing Development Model
What is called mexican miracle?
Goal import substitution model
Institutions of the Imports substitution model
Years of SDM
Years of Share Development
Benefits about SDM
challenges ism
Social impact SDM
economic growth ISM
Impact import substitution model
They wanted to have an increase in the industrialization of the country
Resulted in inefficiencies, as protected industries had less incentive to improve productivity.
Played an active role in the economy, implementing import substitution policies and promoting industrialization.
achieve self-sufficiency in manufacturing and reduce the need for imported goods.
It stimulated industrialization, but challenges emerged over time.
emphasis on industrialization, leading to some neglect of the agricultural sector.
Instituto Politecnico Nacional
The model was based on the principal "state capitalism"
particularly in the 1940s and 1950s.
growth of domestic industries
Economic growth was observed, but there were also social inequalities and tensions.
1940-1970
NAFIN, CONACYT.
The rapid economic expansion was perceived as a "miracle" due to the positive shift in economic development.
1970-1982