Volume 43, Number 168,
January-March 2012
Interstate Tourism Development
between Puerto Vallarta and Bahía de Banderas: Mexico
Marco A. Merchand Rojas

To summarize, we have seen how the development style24 adopted by the State, according to a definition from Aníbal Pinto, is oriented towards catalyzing economically productive results for fdi. An example that effectively illustrates this theory is that by making favorable changes to laws regarding fdi, the ability of some multinational companies is strengthened, and they are able to better direct their productive agriculture, industrial and tourism holdings. These changes are made on a territorial level, in keeping with local needs and promotion and incentive policies. This allows for the influx of capital that offers some form of "economic growth in the locality."


The question that stands out throughout this study is whether the function of the State is still to promote economic spaces with the purpose of fostering growth. The answer is affirmative, which would indicate that the State still creates regions, so that largely foreign private investment can solidify (agglomerations and clusters) the work that the State began. All of this occurs under the theory that driving foreign investment and building ipcs incentivizes economic growth.

One of the basic objectives of a new State25 is to establish a playing field that allows for the existence of a special framework to attract capital in sectors perceived as priorities for the development of a certain region. However, as eclac recognizes (2006), reducing taxes, using subsidies and implementing tax breaks, all efforts meant to attract investments for projects that need natural resources, does not at all guarantee the promotion or development of the instruments needed to quantify and understand the social costs involved in the exploitation of these natural resources.

Measures to promote foreign or national investment cannot be disentwined from laws that allow for a thorough and rigorous protection of a society's integral wealth (natural, cultural, social, etc.).

24 In economic terms, Aníbal Pinto defines "development style" as "the way in which human and material resources are organized and assigned within a determined system, with the purpose of resolving questions about what, for whom and how to produce these goods and services" (Pinto, 1976).

25 "The state is assigned a 'subsidiary' role, a fact that implies a residual vision of public policies, as the State should only act where the market does not reach. The State must limit itself to maintaining internal and external order and to carrying out social assistance activities. As such, tools were implemented to restrict regulations, arbitrations and state interventions in private economic activity as much as possible. These new measures would attract private capital; specifically, foreign direct investment" (Ruiz, C., 2002).

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PROBLEMAS DEL DESARROLLO. REVISTA LATINOAMERICANA DE ECONOMÍA, Volume 49, Number 195 October-December 2018 is a quarterly publication by the Universidad Nacional Autónoma de México, Ciudad Universitaria, Coyoacán, CP 04510, México, D.F. by Instituto de Investigaciones Económicas, Circuito Mario de la Cueva, Ciudad Universitaria, Coyoacán,
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