The Relevance of Mexico's Mega Public Investments and Its Emphasis on the Rescue of Its Macrosouth Region: Towards a Paradigm Shift in the Face of the Prevailing Neoliberal Strategy

Abstract

In the current multipolar global context prevailing nowadays at the world level and the imperative of national-states, especially those from the periphery and emerging economies, to seek development alternatives beyond the neoliberal model (Washington´s Consensus), encouraging social inclusion within their lagging economies by prioritizing growth, social inclusion, and sustainability. As shown by Mexico's recent emphasis on rescuing its Macro South region, a long-time neglected geostrategic and geoeconomic region by neoliberal regimes, which emphasized growth but neglected people's well-being and a sustainable environment for the sake of profit. Accordingly, this article aims at firstly analyze through pertinent indicators the prevailing asymmetry between Mexico´s Macronorth versus Macrosouth regions to assess their asymmetric development, and secondly, Mexico’s effort to revert such situation and rescuing the latter by encouraging its economic growth, social inclusion and sustainability through public funding infrastructure megaprojects such as the Mayan Train, the Tehuantepec Trans-Isthmic Corridor and the Dos Bocas Refinery, etc. already put into operation by Mexico.