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A development strategy founded on natural resource-based production clusters

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  • Ramos, Joseph

Abstract

This article contends that the rapid development of Latin America and the Caribbean --a region rich in natural resources-- will depend on how fast it learns to industrialize and process its natural resources and to develop the necessary input suppliers, engineering services and equipment for this. Consequently, this will not be a form of development based on the mere extraction of natural resources, as at present, but rather one based on the processing of such resources and the development of the activities that naturally tend to spring up and concentrate around this base (production complexes or clusters);. It will therefore be different from the experience of the recently industrialized Asian countries, most of which have few natural resources, and will resemble instead that of the resource-rich countries which are now highly developed, such as the Scandinavian countries, Canada, Australia and New Zealand.

Suggested Citation

  • Ramos, Joseph, 1998. "A development strategy founded on natural resource-based production clusters," Revista CEPAL, Naciones Unidas Comisión Económica para América Latina y el Caribe (CEPAL), December.
    • Handle: RePEc:ecr:col070:10668
    Note: Includes bibliography
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    File URL: http://repositorio.cepal.org/handle/11362/10668
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    Cited by:

    1. Adejuwon, Olawale Oladipo, 2018. "An examination of linkages in the sawn wood sector of the Nigerian forest industry: Policy implications for natural resource-based development," Technological Forecasting and Social Change, Elsevier, vol. 128(C), pages 74-83.
    2. Kuwayama, Mikio, 2009. "Quality of Latin American and Caribbean industrialization and integration into the global economy," Comercio Internacional 4439, Naciones Unidas Comisión Económica para América Latina y el Caribe (CEPAL).
    3. Stubrin, Lilia, 2017. "Innovation, learning and competence building in the mining industry. The case of knowledge intensive mining suppliers (KIMS) in Chile," Resources Policy, Elsevier, vol. 54(C), pages 167-175.
    4. -, 2019. "Foreign Direct Investment in Latin America and the Caribbean 2019," La Inversión Extranjera Directa en América Latina y el Caribe, Naciones Unidas Comisión Económica para América Latina y el Caribe (CEPAL), number 44698 edited by Eclac, May.
    5. Beatriz Calzada Olvera, 2022. "Innovation in mining: what are the challenges and opportunities along the value chain for Latin American suppliers?," Mineral Economics, Springer;Raw Materials Group (RMG);Luleå University of Technology, vol. 35(1), pages 35-51, March.
    6. Archibald R. M. Ritter, 2004. "Canada's "Mineral Cluster:" Structure, Evolution and Functioning," Carleton Economic Papers 04-11, Carleton University, Department of Economics.
    7. Ocampo, José Antonio, 1998. "Beyond the Washington Consensus: an ECLAC perspective," Revista CEPAL, Naciones Unidas Comisión Económica para América Latina y el Caribe (CEPAL), December.
    8. Stubrin, Lilia, 2018. "Reprint of: Innovation, learning and competence building in the mining industry. The case of knowledge intensive mining suppliers (KIMS) in Chile," Resources Policy, Elsevier, vol. 58(C), pages 62-70.

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