Abstract

MENDOZA, José Enrique. Financialization and the Road Sector in Mexico. Prob. Des [online]. 2017, vol.48, n.189, pp.85-112. ISSN 0301-7036.

Financialization1 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.

Keywords : Infrastructure; road sector; private capital; public assets; Tenango-Ixtapa de la Sal highway.

        · abstract in Spanish | French | Portuguese | Chinese     · text in English | Spanish     · English ( pdf ) | Spanish ( pdf )