Abstract: This thesis investigates the Mexican regulatory reforms focusing on the evolution of the institutional arrangements of the regulatory state across policy regimes. It is based on a qualitative research design and the results are presented under the structure of three articles. The first article develops an interpretative framework from which hypotheses are extracted for the study of institutional interactions between the regulatory and developmental state. The second article compares the relations between institutional arrangements in the regulatory and developmental state across utilities policy regimes like electricity, telecommunications and water, in order to show how the trajectory of regulatory change and developmental reproduction is affected by interactions between the pre-existing institutions of the state, and newer institutions. The third article explores how regulatory agencies in banking, pharmaceutical and telecommunications incorporate and deploy strategies of accountability to strengthen their position in the regulatory space and the political process. The three articles are linked to the idea of the polymorphic state.
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