2016 - 19th Annual Steven Galovich Memorial Student Symposium

Presentation Title

The Effects of the Global Financial Crisis on Mexico's Maquiladora Automobile Industry

Student Presenter(s) and Advisor

Cesar Cardenas, Lake Forest CollegeFollow

Location

Library First Floor

Abstract

This paper examines the effects of the 2008 global financial crisis on Mexico’s maquiladora industry, particularly the automotive sector, which experienced no significant loss in jobs and productivity during that time. It offers a general assessment of wage, inflation, and unemployment levels in the Mexican economy before and after the global financial crisis. The paper analyzes the automotive industry’s potential to act as a “leading sector” within Mexico’s economy, offering an analysis of the potential forward and backward linkages, spillover effects, and technological transfers associated with the growing automotive maquiladora industry. Overall, the paper addresses whether the maquiladora sector can prove to be the engine for growth it is widely relied upon to be.

Presentation Type

Individual Presentation

Start Date

4-5-2016 1:00 PM

End Date

4-5-2016 2:15 PM

Panel

Economic Growth and Crises

Panel Moderator

Rob Lemke

Field of Study for Presentation

Economics, Finance

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Apr 5th, 1:00 PM Apr 5th, 2:15 PM

The Effects of the Global Financial Crisis on Mexico's Maquiladora Automobile Industry

Library First Floor

This paper examines the effects of the 2008 global financial crisis on Mexico’s maquiladora industry, particularly the automotive sector, which experienced no significant loss in jobs and productivity during that time. It offers a general assessment of wage, inflation, and unemployment levels in the Mexican economy before and after the global financial crisis. The paper analyzes the automotive industry’s potential to act as a “leading sector” within Mexico’s economy, offering an analysis of the potential forward and backward linkages, spillover effects, and technological transfers associated with the growing automotive maquiladora industry. Overall, the paper addresses whether the maquiladora sector can prove to be the engine for growth it is widely relied upon to be.