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Unformatted text preview: [video] 4. Economy: successful dependent development • NAFTA 1994 o shift from ISI to freer markets/trade o 80% exports/imports = US o economises rise & fall together [chart] o no longer export mostly oil o local MNC's, like CEMEX • PEMEX oil company still state-owned o from drilling to gasoline pump o nationalism prevents any privatization so far • land reform: PRI's ejidos o tiny plots = political machine o end in 1994 = Zapatista rebellion...
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- Spring '08
- Brazilian black minority, facts table, slow democratic transition, conservative PAN oposition, indigenous poor South