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    The Enclave Economy: Foreign Investment and Sustainable Development in Mexico's Silicon Valley (Urban and Industrial Environments (Paperback)) (Paperback) By (author) Kevin P. Gallagher, By (author) Lyuba Zarsky

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    DescriptionForeign 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. Kevin P. Gallagher is Assistant Professor of International Relations at Boston University and Senior Researcher at the Global Development and Environment Institute at Tufts University. He is the author of Free Trade and the Environment: Mexico, NAFTA, and Beyond and other books. Lyuba Zarsky is a Consultant and Senior Research Fellow at the Global Development and Environment Institute. She is a contributing editor of Investment for Sustainable Development: Balancing Rights and Rewards.


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    Title
    The Enclave Economy
    Subtitle
    Foreign Investment and Sustainable Development in Mexico's Silicon Valley
    Authors and contributors
    By (author) Kevin P. Gallagher, By (author) Lyuba Zarsky
    Physical properties
    Format: Paperback
    Number of pages: 224
    Width: 152 mm
    Height: 226 mm
    Thickness: 12 mm
    Weight: 299 g
    Language
    English
    ISBN
    ISBN 13: 9780262572422
    ISBN 10: 0262572427
    Classifications

    B&T Book Type: NF
    BIC E4L: ECO
    Nielsen BookScan Product Class 3: S4.5
    B&T Modifier: Region of Publication: 01
    BIC geographical qualifier V2: 1KLCM
    B&T Modifier: Academic Level: 05
    B&T Modifier: Geographic Designator: 84
    B&T Modifier: Subject Development: 10
    B&T General Subject: 180
    BIC subject category V2: KCM
    Ingram Subject Code: BE
    BIC subject category V2: RNU
    Libri: I-BE
    Warengruppen-Systematik des deutschen Buchhandels: 27830
    BISAC V2.8: BUS022000
    Ingram Theme: CULT/MEXICN
    BISAC V2.8: BUS069020
    B&T Merchandise Category: UP
    BISAC V2.8: BUS070030
    B&T Approval Code: A45600000
    BISAC V2.8: BUS072000
    B&T Approval Code: G45704600
    BISAC V2.8: BUS068000
    BIC subject category V2: 1KLCM
    DC22: 330.972/35
    LC classification: HC138.G8 G35 2007
    LC subject heading: , ,
    DC22: 330.97235
    LC subject heading: , , , ,
    DC22: 338.97235
    BISAC region code: 4.2.6.0.0.0.0
    Thema V1.0: RNU, KCM, KCL, RGCM, KCV
    Thema geographical qualifier V1.0: 1KLCM
    Illustrations note
    13 figures; 16 tables
    Publisher
    MIT Press Ltd
    Imprint name
    MIT Press
    Publication date
    30 September 2007
    Publication City/Country
    Cambridge, Mass.
    Author Information
    Kevin P. Gallagher is Assistant Professor of International Relations at Boston University and Senior Researcher at the Global Development and Environment Institute at Tufts University. He is the author of Free Trade and the Environment: Mexico, NAFTA, and Beyond and other books. Lyuba Zarsky is Associate Professor of International Environmental Policy at the Monterey Institute for International Studies and Senior Research Fellow at the Global Development and Environment Institute, Tufts University. She is a contributing editor of Investment for Sustainable Development: Balancing Rights and Rewards.
    Review quote
    "Mexico was the ninth biggest economy in the world and the greatest recipient of foreign direct investment (FDI) in Latin America in 2007. Why has FDI failed to transfer technology, develop cleaner production processes, form human capital, and offer high quality employment specifically in the IT industry in such a country? This book provides excellent reflections on these issues as well as on the inadequate public policies behind these frustrating results. A very valuable contribution to the search for a new, successful economic development strategy for Mexico and other developing countries." Claudia Schatan, Economic Commission for Latin America and the Caribbean, Mexico City, and author of Maquiladoras and the Environment in Mexico