During the nineteenth century, Yucat&án moved effectively from its colonial past into modernity, transforming from a cattle-ranching and subsistence-farming economy to a booming export-oriented agricultural economy. Yucat&án and its economy grew in response to increasing demand from the United States for henequen, the local cordage fiber. This henequen boom has often been seen as another regional and historical example of overdependence on foreign markets and extortionary local elites. In The Making of a Market, Juliette Levy argues instead that local social and economic dynamics are the root of the region&’s development. She shows how credit markets contributed to the boom before banks (and bank crises) existed and how people borrowed before the creation of institutions designed specifically to lend. As the intermediaries in this lending process, notaries became unwitting catalysts of Yucat&án&’s capitalist transformation. By focusing attention on the notaries&’ role in structuring the mortgage market rather than on formal institutions such as banks, this study challenges the easy compartmentalization of local and global relationships and of economic and social relationships.

In spite of the most thorough agrarian reform in nonsocialist Latin America, Mexico cannot feed its population. Steven Sanderson attributes the problems of Mexican agriculture to an internationalization of the food system promoted by the Mexican state, the trade system, and agribusiness. Originally published in 1986. The Princeton Legacy Library uses the latest print-on-demand technology to again make available previously out-of-print books from the distinguished backlist of Princeton University Press. These editions preserve the original texts of these important books while presenting them in durable paperback and hardcover editions. The goal of the Princeton Legacy Library is to vastly increase access to the rich scholarly heritage found in the thousands of books published by Princeton University Press since its founding in 1905.

`This is a "must read" for anyone interested in value chain finance.---Kenneth Shwedel, Agricultural Economist --Book Jacket.

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This work provides a survey and analysis of Mexico's agrarian reform, covering topics such as the agricultural provisions of NAFTA. The book also discusses the events in Chiapas that are crucial to Mexico's current political situation and the implications of reform for US-Mexican trade.

Across the world, food systems and agricultural systems are changing at a phenomenal rate. Widespread restructuring has not been confined to the production and distribution of food, though; many regions and even nations are undergoing social, political, and economic transformation as well. Bringing together twelve essays by scholars from a number of disciplines, I this timely book documents the interdependence of food systems, nation states, and the world economy. Stressing the political foundations of global agro-food systems, it sheds light on such complex questions as whether today's changes in food and agrarian systems anticipate a new world order, or are merely efforts to preserve an old order in crisis.