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This innovative new book contributes simultaneously to two different disciplinary fields: comparative political economy and Mexican history. It does so by attempting to explain why Mexico-contrary to the predictions of several dominant theories of economic growth-enjoyed a comparatively high rate of economic growth and development under the highly authoritarian dictatorship of Porfirio Diaz (1876-1911). In conducting a detailed political analysis of Diaz’s rule, Armando Razo introduces network analysis to the study of institutions and growth, and shows how dictators can maintain their power with credible growth-enhancing policies.
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This innovative new book contributes simultaneously to two different disciplinary fields: comparative political economy and Mexican history. It does so by attempting to explain why Mexico-contrary to the predictions of several dominant theories of economic growth-enjoyed a comparatively high rate of economic growth and development under the highly authoritarian dictatorship of Porfirio Diaz (1876-1911). In conducting a detailed political analysis of Diaz’s rule, Armando Razo introduces network analysis to the study of institutions and growth, and shows how dictators can maintain their power with credible growth-enhancing policies.