Since the beginning of the 1990s, there has been a lot of enthusiasm over the anticipated Latin American 'miracle'. In this study, Professor Hernando Gomez Buendia explores the background, facts and achievements of the development experience in the region during the 1990s. He discusses in depth...

Unlike in the past where industrial policy was either focused on creation and growth of state-owned firms or alternatively consisted merely of broadly functional policies without consideration for firm or entrepreneurial specifics, the requirement now is that future industrial policy ought to be...