How did the state go about constructing this miracle? How did the state manage to keep this development drive going and who ultimately paid the price for it? Why did the miracle finally collapse in 1982in other words, what w

In  1940,  newly-elected president Manuel vila Camacho  declared  that  the  Revolution  had  entered  into  an  evolutionary  phase.    As  a  result,  the  institutional  revolution  would  embark  on  a  new  path  starting  in  the  1940s.    Often  referred  to  as  the  Mexican  miracle,  the  country  would  experience  unprecedented  growth, industrialization, and political stability.    How did  the  state go  about  constructing this miracle?    How did the state manage  to  keep  this  development drive  going  and  who  ultimately paid  the  price  for  it?    Why  did  the  miracle finally collapse in 1982in other words, what  went  wrong?  All in all, how much of this miracle would you say was fact and how much was fiction?

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