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"Engaging essay focuses on hypothesis that capitalist industrial conversion and technological modernization have driven Latin American crisis and promoted a new pattern of capitalist reproduction specializing in export production. Explains that development of this pattern depends on...
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In a regional and international context of weak growth, high inflation and growing inequality, the countries of Latin America and the Caribbean must focus policies on reactivating, rebuilding and transforming economic and production systems to advance towards low-carbon and high-tech economies...
Persistent link: https://www.econbiz.de/10013479528
Private sector development (PSD) has taken on an increasingly prominent role in both the debates as well as budgets of international development cooperation in recent years. While the promotion of private sector activities in developing countries has for a long time been part of development...
Persistent link: https://www.econbiz.de/10010512273
In contrast to the limited impact of aggregate-level productive development policies (PDPs) in Argentina, micro-level PDPs in several sectors have proven highly successful. This study seeks to understand how these PDPs succeeded in a challenging environment, what kinds of mechanisms were...
Persistent link: https://www.econbiz.de/10010246546
This paper analyzes five Productive Development Policies (PDPs) implemented in Costa Rica, finding that they are not optimally addressing market failures. Moreover, government failures rather than market failures represent the main justification for PDPs. Even in the presence of market failures,...
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