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The Dismantling of CONASUPO, a Mexican State Trader in Agriculture
Author(s) -
Yunez–Naude Antonio
Publication year - 2003
Publication title -
world economy
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.594
H-Index - 68
eISSN - 1467-9701
pISSN - 0378-5920
DOI - 10.1111/1467-9701.00512
Subject(s) - demise , liberalization , agriculture , economics , state (computer science) , context (archaeology) , international trade , free trade , politics , international economics , market economy , political science , geography , archaeology , algorithm , computer science , law
In the 1990s, Mexico gradually dismantled and ultimately liquidated CONASUPO, its state enterprise in agriculture. CONASUPO was a typical less developed country (LDC) parastatal, exacting control over an important component of Mexico's food chain. This paper examines the demise of CONASUPO in the context of domestic economic reforms and trade liberalisation. It documents the process by which CONASUPO was eleminated, the political environment that made this possible, and the implications for agricultural production and trade. The paper concludes by distilling lessons from Mexico's experience for other LDCs as the liberalisation of domestic and international markets continues to unfold.