ABSTRACT
This chapter presents international and domestic components of the economy to determine the extent to which misplaced monopolies have contributed to low growth and worsening wealth and income distribution in Mexico. The main problem that Mexico has faced since the 1990s, according to economists, has been its low relative growth, particularly compared with many large, high-growth emerging economies, at least during the 2000s. In the case of Mexico, the generational change regarding steering economic policy in the public sector was handled relatively smoothly, from older to younger neoliberal technocrats. One of the most important reasons highlighted was the coming integration of the Mexican economy with those of the USA and Canada through North American Free Trade Agreement (NAFTA). Mexico is in no way the only country that has experienced high inequality and poverty. The pro-competition reforms for both the telecoms and media sectors were part of the same bill.
