Veracruz Economic Dynamics in the Long Run: Continuities, Changes and Ruptures

Abstract

The aim of this paper is to provide a quick glance of Veracruz’s economic dynamics between the last decades of the 19th century and the early years of the 21th. It is based on a great variety of secondary sources (books, articles, government briefs and official documents) as well as economic censuses and state’s statistics. The main processes of development and specificities that each economic model adopted are described and continuities, changes and disruptions about Veracruz economy along more than a century are identified. The analysis allows us to confirm that Veracruz has lost relevance in the national economic scene. From being the first state economy in the country, it lost its preeminence during the period of the import substitution industrialization, been replaced by states of large industrial development such as Nuevo Leon, Mexico State and Mexico City. Since then it has continued to decline up to 2009 ranking sixth place nationally after the states above mentioned as well as Jalisco and Campeche.

DOI: 10.5901/mjss.2015.v6n3p571