Abstract
Economic and financial globalization is leading to profound changes in national policy making, as well as in international economic relationships. Leaving behind economic development models instrumented at the end of World War II, influenced by neo-Keynesian thought and also by structuralist paradigms in the case of the Latin American nations, countries are now looking to market forces to promote economic growth. Full liberalized global economic activity is, however, far from being complete. GATT has failed to create an adequate institutional framework for freer international trade, due to the dissimilar interests of its members, particularly among the developed countries. As a result, countries are strengthening their ties with neighbouring countries and forming economic blocs.
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© 1994 Dilip K. Ghosh and Edgar Ortiz
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Cabello, A. (1994). Economic Integration and Mexican Municipal Finances. In: Ghosh, D.K., Ortiz, E. (eds) The Changing Environment of International Financial Markets. Palgrave Macmillan, London. https://doi.org/10.1007/978-1-349-23161-4_18
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DOI: https://doi.org/10.1007/978-1-349-23161-4_18
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