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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