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Author Haber, Stephen H., 1957-

Title The politics of property rights : political instability, credible commitments, and economic growth in Mexico, 1876-1929 / Stephen Huber, Noel Maurer, Armando Razo
Published Cambridge ; New York : Cambridge University Press, 2003
Online access available from:
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Description 1 online resource (xv, 382 pages)
Series Political economy of institutions and decisions
Political economy of institutions and decisions.
Contents Introduction -- Theory: instability, credible commitments, and growth -- VPI coalitions in historical perspective: Mexico's turbulent politics, 1876-1929 -- Finance -- Industry -- Petroleum -- Mining -- Agriculture -- Conclusion
Summary This book addresses a puzzle in political economy: why is it that political instability does not necessarily translate into economic stagnation or collapse? In order to address this puzzle, it advances a theory about property rights systems in many less developed countries. In this theory, governments do not have to enforce property rights as a public good. Instead, they may enforce property rights selectively (as a private good), and share the resulting rents with the group of asset holders who are integrated into the government. Focusing on Mexico, this book explains how the property rights system was constructed during the Porfirio Díaz dictatorship (1876-1911) and then explores how this property rights system either survived, or was reconstructed. The result is an analytic economic history of Mexico under both stability and instability, and a generalizable framework about the interaction of political and economic institutions
Analysis Derecho de propiedad México Historia
México Economía política
México Política y gobierno Siglo XIX
México Política y gobierno Siglo XX
Bibliography Includes bibliographical references and index
Notes Print version record
Subject Right of property -- Mexico -- History.
Mexico -- Economic policy.
Mexico -- Politics and government -- 19th century.
Mexico -- Politics and government -- 20th century.
Genre/Form History.
Form Electronic book
Author Maurer, Noel.
Razo, Armando, 1971-
ISBN 0511061773 (electronic bk.)
0511615612 (ebook)
0521820677 (hardback)
9780511061776 (electronic bk.)
9780511615610 (ebook)
9780521820677 (hardback)