Abstract

LOPEZ, Pablo J. Nacional Financiera during the Mexican Industrialization Via Import Substitution. Am. Lat. Hist. Econ [online]. 2012, vol.19, n.3, pp.129-163. ISSN 2007-3496.

In Mexico, although Nacional Financiera S. A. was founded in the mid-thirties, it was defined as a development bank in the early forties, with the beginning of the import substitution industrialization process. Therefore, the purpose of this study is to revise the history of the institution and its relation with the industrial sector between 1940 and 1982. In order to do so, we believe it is necessary to take into account the logic of the industrialization process and the Mexican economic policies. Thus, this work aims to be a contribution to the study of the role played by the financial structure in the industrialization process in Mexico. Also, due to the characteristics of the subject of this study and the methodology, this work fits in the discussion about the problems of the import substitution industrialization in Latin America, and in particular the debates on the Mexican industrialization.

Keywords : development banks; industrialization; import substitution; foreign capital.