If the Mexican American war never happened, would Mexico be one of the richest countries in the world today?

Jun 2015
5,713
UK
#26
DRC, Nigeria, China, Brazil. All are resource rich countries, but all have low living standards.

Having resources alone doesn't make a country rich.
If Mexico had the political will, strong laws, or culture, to utilise their resources well, then it's another matter.
 
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Futurist

Ad Honoris
May 2014
18,701
SoCal
#28
Both Brazil and China are upper middle income countries. I don't know about Brazil, but although there may be poor areas of rural China, it certainly does not have a "low" living standard.
Yeah, China is on track to become a developed country. Give them another several decades and they should converge to South Korea's or Japan's level.
 
Jun 2013
485
Connecticut
#29
Not then, not now, not ever would Mexico be "one of the richest".
A place may have the richest natural resources but if it's not managed the natural riches are wasted. And this includes the people as a natural resource..
Already by 1840 Mexico had already experienced internal revolts, republics, empires, economic instability, in fighting between federalist liberals and monarchical conservatives, isolation among states and the central government, the emplaced wretched hierarchical caste system and the apex of unmitigated corruption.
Everything that plaged every Hispanic-cultured country in the Western Hemisphere also plaged Mexico but in a grand scale.
Mexico didn't make it work with what they had then and they can't make it work today for just about the same reasons.
Mexico is the poster child - the textbook case - for that oft paraphrased saying "those who don't know history are bound to repeat it".
 
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Jun 2015
5,713
UK
#30
Both Brazil and China are upper middle income countries. I don't know about Brazil, but although there may be poor areas of rural China, it certainly does not have a "low" living standard.
Both still have low living standards in global terms. And China's rise, whilst it does export raw materials, has come from economic restructuring/structural change. Raw materials alone, which Mexico would own if it still had Califonia, Nevada, Arizona or New Mexico, wouldn't mean it would be rich.