Title The enclave economy : foreign investment and sustainable development in Mexico's Silicon Valley / Kevin P. Gallagher and Lyuba Zarsky

Published Cambridge, Mass. : MIT Press, ©2007

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Description 1 online resource (x, 214 pages) : illustrations, maps Series Urban and industrial environments Urban and industrial environments. Contents Introduction -- The promise of FDI for sustainable development -- The emergence of Mexico's enclave economy -- Globally networked, environmentally challenged: a profile of the IT industry -- Wired for sustainable development? IT and late industrialization -- Mexico's bid for a place in the global IT industry -- Silicon dreams, Mexican reality -- Importing environmentalism? -- Beyond the enclave economy Summary Analyzes the extent to which foreign investment in Mexico's information technology sector brought economic, social, and environmental benefits to Guadalajara. Foreign investment has been widely perceived as a panacea for developing countries--as a way to reduce poverty and kick-start sustainable modern industries. The Enclave Economy calls this prescription into question, showing that Mexico's post-NAFTA experience of foreign direct investment in its information technology sector, particularly in the Guadalajara region, did not result in the expected benefits. Charting the rise and fall of Mexico's "Silicon Valley," the authors explore issues that resonate through much of Latin America and the developing world: the social, economic, and environmental effects of market-driven globalization. In the 1990s, Mexico was a poster child for globalization, throwing open its borders to trade and foreign investment, embracing NAFTA, and ending the government's role in strengthening domestic industry. But The Enclave Economy shows that although Mexico was initially successful in attracting multinational corporations, foreign investments waned in the absence of active government support and as China became increasingly competitive. Moreover, the authors find that foreign investment created an "enclave economy" the benefits of which were confined to an international sector not connected to the wider Mexican economy. In fact, foreign investment put many local IT firms out of business and transferred only limited amounts of environmentally sound technology. The authors suggest policies and strategies that will enable Mexico and other developing countries to foster foreign investment for sustainable development in the future Analysis ENVIRONMENT/Environmental Politics & Policy Bibliography Includes bibliographical references (pages 197-208) and index Notes Master and use copy. Digital master created according to Benchmark for Faithful Digital Reproductions of Monographs and Serials, Version 1. Digital Library Federation, December 2002. http://purl.oclc.org/DLF/benchrepro0212 MiAaHDL Print version record digitized 2010 HathiTrust Digital Library committed to preserve pda MiAaHDL Subject High technology industries -- Mexico -- Guadalajara Information technology -- Mexico -- Guadalajara Investments, Foreign -- Mexico -- Guadalajara Sustainable development -- Mexico -- Guadalajara POLITICAL SCIENCE -- Economic Conditions. BUSINESS & ECONOMICS -- Economics -- Comparative. BUSINESS & ECONOMICS -- Economic Conditions. BUSINESS & ECONOMICS -- Economic History. Economic history High technology industries Information technology Investments, Foreign Sustainable development Direktinvestition Informationstechnische Industrie Nachhaltigkeit Buitenlandse investeringen. Duurzame ontwikkeling. foreign investment. sustainable development. information technology. information industry. high technology industry. social implication. environmental protection. multinational enterprise. High technology industries -- Mexico -- Guadalajara Information technology -- Mexico -- Guadalajara Investments, Foreign -- Mexico -- Guadalajara Sustainable development -- Mexico -- Guadalajara investissement étranger. développement durable. technologie de l'information. industrie de l'information. industrie de haute technologie. conséquences sociales. protection de l'environnement. entreprise multinationale. inversiones extranjeras. desarrollo sostenible. tecnología de la información. industria de la información. industria de alta tecnología. consecuencias sociales. protección ambiental. empresa multinacional. SUBJECT Guadalajara (Mexico) -- Economic conditions Subject Mexico -- Guadalajara Guadalajara Mexiko Guadalajara (Mexico) Mexico. Guadalajara (Mexico) -- Economic conditions Mexique. México. Form Electronic book Author Zarsky, Lyuba. ISBN 9780262273398 026227339X 9780262072854 0262072858 9780262572422 0262572427 9781429492416 1429492414

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