Institutions and InvestmentMexico began its long and often painful transition from an agricultural and rural society to one largely industrial and urban during the late Porfiriato, the period between 1890 and 1910. Challenging the standard view of the Porfirian state as dominated by personalist politics, foreign financial interests, and a disadvantageous export economy, this book argues that beginning in the 1890s, the Mexican government adopted a coherent set of economic