Mexico gets celebrity economist to review its key industrial policy

Mazzucato’s “entrepreneurial State” meets Plan Mexico. Here are her conclusions.

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The title of the report—State Transformation for Plan México—leaves it clear that the focus will be on what the government needs to do on its side. And a mighty task it is.

A fellow traveller in the progressive cause of the government of Claudia Sheinbaum, the main author of this document, Mariana Mazzucato—a professor of economics at UCL and creator of the concept of the “entrepreneurial State”—is no less eagle-eyed about the deficiencies of Mexico’s government. Mazzucato and her coauthor, Lara Merling, propose nothing less than the transformation the Mexican State if it has any chance of transforming the economy.

Roadmap for effective interventionism