Mexican miracle

The term Mexican miracle is used in common speech, but not by economists, to refer to the country's inward-looking development strategy that produced sustained economic growth of 3 to 4 percent and modest 3 percent inflation annually from the 1940s until the 1970s.

Mexican miracle

The term Mexican miracle is used in common speech, but not by economists, to refer to the country's inward-looking development strategy that produced sustained economic growth of 3 to 4 percent and modest 3 percent inflation annually from the 1940s until the 1970s.