This paper presents a theory of political change that combines structural and strategic elements which determine elites' degree of fragmentation with cultural factors that exert an influence on the cohesiveness of civil society. Therefore, political change is seen as an outcome of modifications...

In the second half of the nineties, the Mexican economy experienced a severe financial crisis. However, as the initial panic subsided, Mexico started to show promising signals of macroeconomic recovery. Not only did the economy rebound within a year but also grew steadily afterward, averaging an...