Mexico Weekly - Past Industries: Back in the game? If you like these events and would like to find more about the MexCC and participate in them please click here and become a member!
by
Carlos Garcia Cueva, Regulation and Policy Practitioner
In the mid-19th century, during the presidential period of Porfirio DÃaz, Mexican economic policy was focused on achieving industrialization in strategic sectors and promoting agricultural production under the hacienda or large property model. As part of this strategy the largest investment and development of Mexican railways in history took place, along with an active international agenda in order to attract foreign investment and secure export clients.
One of the most interesting examples of industries developed in this period is located in the Southeastern region of Mexico, specifically in the Yucatan Peninsula. In this region, suitable for agriculture due to its outstanding weather conditions, the henequen or sisal production thrived and became one of the most relevant industries for the Mexican economy in the aforesaid period.
Of course before referring to sisal as a commodity it is important to mention that this industry had substantial issues in terms of poor conditions of workers and lack of options for social development, arguably, the Mexican revolution was prompted to put an end to the Diaz’ model of government and that included the haciendas.
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