The economic development of Mexico

'Report of the CATALOGER' S COPY Combined Mexican Working Party. Report No. 10952--ME Type: (PUB) Published for the International Bank THE WORLD / X O/ for Reconstruction and Development. 10952 mThe Economic Development of U.S.A. - | 9 . GULF OF MEXICO C~~' C 0~~~~~~~~0- PACIFIC JOHNS OCEAN HOPKINS  $10.00 THE ECONOMIC DEVELOPMENT OF MEXICO Report of the Combined Mexican Working Party This report is the most complete financial study to be published on the economy of Mexico in recent times. Much of this data- on national income, public and private invest: ment, production and consumption-is new and now appears for the first time. The result of more than a year's collabora- tion between Mexican and International Bank economists, the report deals with the long-term trends in the Mexican economy, with special reference to Mexico's capacity to absorb additional foreign investment. Its main purposes are twofold: (1) a review of the course and effects of investment in Mexico from 1939 to 1950, and (2) an assessment of the prospects for the national income and balance of payments for the next ten years. The report opens with a survey of the mag- nitude and composition of investments in Mexico from 1939 to 1950 and the methods used to finance investment during this period. It is followed by an analysis of the growth of national income and a detailed discussion of investment and output in agriculture, mining, petroleum, electric power, industry and trans- portation and communications. The effect of investments in the social welfare field and the role of government revenue and spending in economic development are evaluated. The (Continued on back flap)  iXDO WBG   The Economic Development of Mexico   WBG The Economic Development of MEXICO Report of THE COMBINED MEXICAN WORKING PARTY 1953 Published for The International Bank for Reconstruction and Development by The Johns Hopkins Press, Baltimore  Copyright 1953, The Johns Hopkins Press Distributed in Great Britain, India, and Pakistan by Geoffrey Cumberlege: Oxford University Press, London, Bombay and Karachi Library of Congress Catalog Card Number: 53-6495  . ... ... a. a . m... . ... . .... .......,r 4 -.4 a 0.>,,>RZ - l r 1 C