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https://www.britannica.com/topic/import-substitution-industrialization

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Began to be applied in 1940. Because of the Second World War, the demand for Mexican goods grew and this raised employment rates. This circumstance, combined with the politics of President Avila Camacho (1941-1946) who promised to compensate former owners of Mexico's oil industry and stimulate foreign investments in manufacturing and commerce.

Known as the era of the Mexican miracle for having extended its benefits to the entire population.

-Bring and export more materials from the country.
-Make business with other countries.

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Import Substitution Model in Mexico (effects)

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Import Substitution Model in Mexico (effects)

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Import substitution has been an integral part of Mexico's development strategy, but created disappointing results, by this problems:

- The geographic concentration of new ISI industries.

-  Their capital-intensive nature; that caused the new industries to have little effect on unemployment problem in Mexico.

-These points, got in pair with the tendency of ISI to produce inefficient plants which require protection.

-Better social guarantees.
-Small companies grow.
-More works.

https://www.sciencedirect.com/science/article/abs/pii/0305750X77900080

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What is the Stabilizing Development model?

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What is the Stabilizing Development model?

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This model was projected to modernize industry, increase productivity and achieve international competitiveness through the incorporation of modern technology.

http://www.explorandomexico.com/about-mexico/6/187

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The administration of Jose Lopez Portillo was encouraged towards a neo-populism for the country´s financial self-determination granted by oil exports.

Developed the strategic areas of steel, chemicals, petrochemicals, fertilizers, electricity and oil at the forefront of this developmental model.

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This was pursued mainly from the 1930s through the 1960s in Latin America; particularly in Brazil, Argentina, and Mexico. In theory, ISI was expected to incorporate three main stages:

1. Domestic production of previously imported simple nondurable consumer goods.

2. The extension of domestic production to a wider range of consumer durables and more complex manufactured products.

3. The export of manufactured goods and continued industrial diversification.

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Applied by Gustavo Diaz Ordaz (1964-1970) and Luis Echeverria (1970-1976)

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Applied by Gustavo Diaz Ordaz (1964-1970) and Luis Echeverria (1970-1976)

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Echeverria's intentions were to reorder the constitutional mixed regime through public investment.

To direct the country towards growth.

At the end, it did not work.