Volume 44, Number 175,
October-December 2013

Development Potential, Public Policy and Fostering a Sustainable Territory, Carlos Bustamante, Baldemar Hernández and Adolfo Sánchez (coordinators), Mexico, unam-iiec, 2012.

With regards to the grand rhetoric of globalization, financial capital and the current European crisis, there are many issues still on the table. Finding a solution must be done in accordance with a twenty-first century perspective in the framework of national economies. Paradoxically, the very major economic contradictions that arose from economic internationalization now seek a national response, also dependent on regional economies.

In what direction should Mexican economic policy, anchored in the neoliberal economic model, go? The book Development Potential, Public Policy and Fostering a Sustainable Territory provides a response, in part, by ascertaining that the answer lies in regional or territorial public policy that trickles down to the local level, seeking not only comparative and competitive advantages, but also sustainable development and a way to return to balance between sectors. With this approach, they open the door to a broad range of possibilities for economic growth and development within globalization. As such, the works presented and compiled in this book from the different regions and states of Mexico have been grouped by theme and the types of solutions they set forth.

One significant contribution of this text is the opportunity to understand the current structural heterogeneity of Mexico with concrete variables and factors that have been debated within the framework of the Mexican Science Association for Regional Development. This text is made extremely useful by providing the status of regional development theory and the major lines of national research over the past few years.

The book is made up of 18 chapters, and as Bustamante Lemus (2012: 9) aptly points out, each makes significant progress in addressing theoretical, conceptual, methodological and instrumental topics related to a scientific and technical approach to regional analysis.

The coordinators of the book were Baldemar Hernández Márquez, Adolfo Sánchez Almanza and Carlos Bustamante Lemus, who also contributed essays to the text. Other authors include Rafael Borrayo López, José Antonio Delgado, Guadalupe Lira Hernández, Leobardo Chávez Ruiz, Pedro Leobardo Jiménez, Verónica Miranda Rosales and Isaac Sánchez Juárez et al.

The text consists of four sections. The first describes the theoretical and methodological aspects of territorial development, highlighting the works mentioned, urban sustainability, social vulnerability and proposals not only to achieve regionalization, but also placing organization as the key element to strengthening municipal development.

The second part is focused on regional economic growth and growth by sector, analyzing the causes of economic and manufacturing stagnation in Mexico for the time period 1993-2010. It studies agroindustry as a generator of economic growth for municipalities, similar to ports, important variables that drive regional economies. The situations and prospects of companies by size are also included.

The third section, as its name indicates, describes public policies and social responses to the current crisis, designating economic actors and the role of the State in the economic development of states as important factors. While on the topic of economic actors, the section describes academic and community strategies as a method for focused sustainable development, as well as the search for new production areas for strategic sectors such as oil. A proposal describing nature tourism programs as a tool to combat poverty in marginalized rural zones in Mexico is especially interesting, particularly the case of communities in the Northeastern Region 1 of the state of Guanajuato from 2001-2010.

The fourth and final part is a mix of essays on strategies and potential, while still mentioning vulnerability and sustainable development. An outline of the paths to regional economic development in Mexico and its potential is especially useful. Another significant and persuasive work can be found in "Unsustainable Economic Growth," which associates two variables related to regional development, reaching convincing conclusions regarding permanent vulnerability and under-development.

The text reviewed here undoubtedly makes contributions to the political, academic and economic discussion on regional development, by including its history, present and future as a solution to the contradictory issue of economic globalization.

Irma Bernal
Post-Graduate Member of the Faculty of Economics - unam

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Published in Mexico, 2012-2017 © D.R. Universidad Nacional Autónoma de México (UNAM).
PROBLEMAS DEL DESARROLLO. REVISTA LATINOAMERICANA DE ECONOMÍA, Volume 48, Number 191, October-December 2017 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,
CP 04510, México, D.F. Tel (52 55) 56 23 01 05 and (52 55) 56 24 23 39, fax (52 55) 56 23 00 97, www.probdes.iiec.unam.mx, revprode@unam.mx. Journal Editor: Alicia Girón González. Reservation of rights to exclusive use of the title: 04-2012-070613560300-203, ISSN: pending. Person responsible for the latest update of this issue: Minerva García, Circuito Maestro Mario de la Cueva s/n, Ciudad Universitaria, Coyoacán, CP 04510, México D.F., latest update: Nov 13th, 2017.
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