Latin America’s New Insertion In The World Economy: Towards Systemic Competitiveness In Small Economies (international Political Economy Series)

Latin America's New Insertion in the World Economy examines the contributions governments can make in order to stimulate efficient and export-orientated manufacturing production in small and medium-sized economies in Latin America in the coming years. The study focuses on the progress that has been made recently to correct policy failures of the past, the obstacles and bottlenecks that have occurred in the process of economic transition and the challenges the selected countries face in order to stimulate in a systematic way the development of an internationally competitive manufacturing sector.

the Greatest Challenge Facing Countries In Latin America Is To Improve Their Positions In Intensely Competitive World Markets. International Competitiveness Is A Crucial Factor For Economic And Social Recovery And For Improving The Standard Of Living. The Chances Of Success Depend Critically On The Relationship Between Government And The Private Sector. This Book Questions Whether The Mix Of Policies Currently Pursued In The Selected Countries Will Suffice To Bring About The Required Structural Transformation. What Is Needed Is Not Just Less Government But Better Government That Is Capable Of Correcting Markets In An Effective And Efficient Way And That Creates A Stimulating Environment For Domestic Industry. This Book Analyses The Contributions Governments In Small And Medium-sized Countries In The Region Can Make To The Strengthening Of The International Competitiveness And Export-orientation Of The Manufacturing Sectors. Theoretical, Cross-country And Country-specific Studies In This Volume Analyse The Progress Made Recently To Correct Policy Failures Of The Past, The Obstacles And Bottlenecks That Have Occurred In The Process Of Economic Transition And The Challenges Ahead For The Selected Countries.

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analyzes The Contributions Governments In Small And Medium-sized Countries In The Region Can Make To Strengthen International Competitiveness And Export-orientation Of Manufacturing Sectors. Theoretical, Cross-country, And Country-specific Studies Examine Recent Progress In Correcting Policy Failures Of The Past, Obstacles To The Process Of Economic Transition, And Challenges Ahead For Selected Countries. Topics Include Export Processing Free Zones As An Export Strategy, And Social Development During Structural Adjustment. Annotation C. By Book News, Inc., Portland, Or.

Front Matter....Pages i-xxii Towards a New Insertion in World Markets: An Introduction....Pages 1-15 The Gains from Trade Reconsidered....Pages 17-30 The Exchange Rate as an Export-Stimulation Mechanism....Pages 31-57 Structural Adjustment in the 1980s: Stimulus or Setback for Private Investment in the Industrialisation Process?....Pages 59-74 The Scope for Industrial Policy in a Free-Trade Environment....Pages 75-83 Export Processing Free Zones as an Export Strategy for Central America and the Caribbean....Pages 85-93 The Export Processing Free Zone of San Bartolo in El Salvador....Pages 95-104 The Historical Experience: Growth Accounting....Pages 105-121 Social Development during Periods of Structural Adjustment....Pages 123-138 Trade Policy and Changing Trade Patterns....Pages 139-149 Chile: from Early Liberalisation to ‘Secondphase Export-led Growth’....Pages 151-162 Industrial Competitiveness and Government Policies in Uruguay....Pages 163-173 The Competitiveness of Manufacturing Firms: the Case of Venezuela....Pages 175-190 Export Promotion in Costa Rica....Pages 191-205 The Systemic Weakness of Guatemala’s Competitiveness....Pages 207-223 Conclusions....Pages 225-233 Back Matter....Pages 235-258