{"title":"FINANCIARIZACIÓN Y SECTOR CARRETERO EN MÉXICO","authors":"José Enrique Mendoza","doi":"10.1016/j.rpd.2017.04.005","DOIUrl":null,"url":null,"abstract":"<div><p>Financialization has transformed public spending into the guarantor of financial profit. One of the expressions of this process is the partnership between public spending and private capital, which has underpinned the securitization of public assets. In the road sector, structured financing constrains the availability of public resources, permits the emergence of new sources of profit for financial monopolistic capital, and drives up the cost of infrastructure. The objective of this paper is to analyze how public-private partnerships (<span>ppp</span>) operate in the Mexican road sector.</p></div>","PeriodicalId":35889,"journal":{"name":"Problemas del Desarrollo","volume":"48 189","pages":"Pages 85-112"},"PeriodicalIF":0.0000,"publicationDate":"2017-04-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://sci-hub-pdf.com/10.1016/j.rpd.2017.04.005","citationCount":"6","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"Problemas del Desarrollo","FirstCategoryId":"1085","ListUrlMain":"https://www.sciencedirect.com/science/article/pii/S0301703617300172","RegionNum":0,"RegionCategory":null,"ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q4","JCRName":"Social Sciences","Score":null,"Total":0}
引用次数: 6
Abstract
Financialization has transformed public spending into the guarantor of financial profit. One of the expressions of this process is the partnership between public spending and private capital, which has underpinned the securitization of public assets. In the road sector, structured financing constrains the availability of public resources, permits the emergence of new sources of profit for financial monopolistic capital, and drives up the cost of infrastructure. The objective of this paper is to analyze how public-private partnerships (ppp) operate in the Mexican road sector.
期刊介绍:
roblemas del Desarrollo. Revista Latinoamericana de Economía, publicación trimestral, es el órgano oficial de divulgación del Instituto de Investigaciones Económicas de la Universidad Nacional Autónoma de México (UNAM), el que atento a la propuesta de sus fundadores, recibe todas las interpretaciones teóricas que con rigor científico, pretendan analizar las diferentes dificultades planteadas por el desarrollo económico, a fin de generar crítica, refutación y reconocer desacuerdos entre predicciones como cualquier teoría científica es capaz de hacerlo.