IDEAS home Printed from https://ideas.repec.org/a/ecr/col070/11149.html
   My bibliography  Save this article

The slow comeback of industrial policies in Latin America and the Caribbean

Author

Listed:
  • Peres Núñez, Wilson

Abstract

The core of a policy for accelerating economic growth is a combination of knowledge accumulation and diversification of the productive structure. These two dimensions are the focus of the present article, which examines industrial policy experiences during the import substitution industrialization period; highlights the policies currently being applied in Latin America and the Caribbean and offers a typology of the strategies underlying them; presents the main lines of action and policy instruments; and analyses issues of policy implementation and impact. The thesis is that, while policymaking capabilities have improved, a great deal of work is still needed on implementation and on the development of effective impact evaluation methodologies. Proper evaluation will show whether industrial policies have a role to play in the region.

Suggested Citation

  • Peres Núñez, Wilson, 2006. "The slow comeback of industrial policies in Latin America and the Caribbean," Revista CEPAL, Naciones Unidas Comisión Económica para América Latina y el Caribe (CEPAL), April.
    • Handle: RePEc:ecr:col070:11149
    Note: Includes bibliography
    as

    Download full text from publisher

    File URL: http://repositorio.cepal.org/handle/11362/11149
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Dussel Peters, Enrique, 1999. "La subcontratación como proceso de aprendizaje: el caso de la electrónica en Jalisco," Sede de la CEPAL en Santiago (Estudios e Investigaciones) 31374, Naciones Unidas Comisión Económica para América Latina y el Caribe (CEPAL).
    2. -, 2003. "Caribbean tourism, trends, policies and impact, 1985-2002," Sede Subregional de la CEPAL para el Caribe (Estudios e Investigaciones) 27543, Naciones Unidas Comisión Económica para América Latina y el Caribe (CEPAL).
    3. Alberto Melo, 2001. "Industrial Policy in Latin America and the Caribbean at the Turn of the Century," IDB Publications (Working Papers) 6492, Inter-American Development Bank.
    4. Dussel Peters, Enrique, 1998. "La subcontratación como proceso de aprendizaje: el caso de la electrónica en Jalisco (México) en la década de los noventa," Sede de la CEPAL en Santiago (Estudios e Investigaciones) 30995, Naciones Unidas Comisión Económica para América Latina y el Caribe (CEPAL).
    5. Mortimore, Michael, 2000. "Corporate Strategies for FDI in the Context of Latin America's New Economic Model," World Development, Elsevier, vol. 28(9), pages 1611-1626, September.
    6. Marcus Noland & Howard Pack, 2002. "Industrial Policies and Growth: Lessons From International Experience," Central Banking, Analysis, and Economic Policies Book Series, in: Norman Loayza & Raimundo Soto & Norman Loayza (Series Editor) & Klaus Schmidt-Hebbel (Series Editor) (ed.),Economic Growth: Sources, Trends, and Cycles, edition 1, volume 6, chapter 9, pages 251-308, Central Bank of Chile.
    7. Young, Allyn A., 1928. "Increasing Returns and Economic Progress," History of Economic Thought Articles, McMaster University Archive for the History of Economic Thought, vol. 38, pages 527-542.
    8. Peres Núñez, Wilson & Stumpo, Giovanni, 2002. "La dinámica de las pequeñas y medianas empresas industriales en América Latina y el Caribe," Copublicaciones, Naciones Unidas Comisión Económica para América Latina y el Caribe (CEPAL), number 1721, November.
    9. Reinhardt, Nola & Peres, Wilson, 2000. "Latin America's New Economic Model: Micro Responses and Economic Restructuring," World Development, Elsevier, vol. 28(9), pages 1543-1566, September.
    10. Calderón Hoffmann, Alvaro & Mortimore, Michael, 1998. "Foreign Investment in Latin America and the Caribbean 1998," La Inversión Extranjera Directa en América Latina y el Caribe, Naciones Unidas Comisión Económica para América Latina y el Caribe (CEPAL), number 1158 edited by Eclac, May.
    11. Peres Núñez, Wilson & Stallings, Barbara, 2000. "Crecimiento, empleo y equidad: el impacto de las reformas económicas en América Latina y el Caribe," Copublicaciones, Naciones Unidas Comisión Económica para América Latina y el Caribe (CEPAL), number 1651 edited by Cepal, November.
    12. George J. Stigler, 1951. "The Division of Labor is Limited by the Extent of the Market," Journal of Political Economy, University of Chicago Press, vol. 59(3), pages 185-185.
    13. Melo, Alberto, 2001. "Industrial Policy in Latin America and the Caribbean at the Turn of the Century," IDB Publications (Working Papers) 6088, Inter-American Development Bank.
    14. Mortimore, Michael & Peres Núñez, Wilson, 1998. "Policy competition for foreign direct investment in the Caribbean Basin: Costa Rica, the Dominican Republic and Jamaica," Desarrollo Productivo 4691, Naciones Unidas Comisión Económica para América Latina y el Caribe (CEPAL).
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Wilson Peres, 2011. "Industrial Policies in Latin America," WIDER Working Paper Series wp-2011-048, World Institute for Development Economic Research (UNU-WIDER).
    2. Peres, Wilson, 2011. "Industrial Policies in Latin America," WIDER Working Paper Series 048, World Institute for Development Economic Research (UNU-WIDER).
    3. Andrés Rodríguez-Pose & Michael Storper, 2006. "Better Rules or Stronger Communities? On the Social Foundations of Institutional Change and Its Economic Effects," Economic Geography, Taylor & Francis Journals, vol. 82(1), pages 1-25, January.
    4. Yang, X. & Liu, P.W., 1999. "Division of Labor Transaction Cost, Emergence of the Firm and Firm Size," Papers 10, Chicago - Graduate School of Business.
    5. Jean-Louis Peaucelle, 2012. "Rhetoric and logic in Smith's Description of the Division of Labor," Post-Print hal-01402198, HAL.
    6. Xavier Ragot, 2003. "Division du travail et progrès technique," Revue économique, Presses de Sciences-Po, vol. 54(4), pages 725-741.
    7. repec:hal:spmain:info:hdl:2441/4cufqrm9749dbol0m0bsfeopka is not listed on IDEAS
    8. Gilles, R.P. & Lazarova, E.A. & Ruys, P.H.M., 2006. "Stability, Specialization and Social Recognition," Other publications TiSEM 7fa36115-a85c-44d2-ad23-0, Tilburg University, School of Economics and Management.
    9. Balakrishnan, Pulapre & Das, Mausumi & Parameswaran, M., 2017. "The internal dynamic of Indian economic growth," Journal of Asian Economics, Elsevier, vol. 50(C), pages 46-61.
    10. Xavier Ragot, 2003. "Croissance et division du travail," Post-Print hal-03475968, HAL.
    11. Murata, Yasusada, 2007. "Taste heterogeneity and the scale of production: Fragmentation, unification, and segmentation," Journal of Urban Economics, Elsevier, vol. 62(1), pages 135-160, July.
    12. repec:spo:wpmain:info:hdl:2441/4cufqrm9749dbol0m0bsfeopka is not listed on IDEAS
    13. Jeffrey D. Sachs & Xiaokai Yang, 1999. "Gradual Spread of Market-Led Industrialization," CID Working Papers 11A, Center for International Development at Harvard University.
    14. Ciccone, Antonio & Matsuyama, Kiminori, 1996. "Start-up costs and pecuniary externalities as barriers to economic development," Journal of Development Economics, Elsevier, vol. 49(1), pages 33-59, April.
    15. Thomas N Hubbard & Luis Garicano, 2003. "Specialization, Firms, and Markets: The Division of Labor Within and Between Law Firms," Working Papers 03-13, Center for Economic Studies, U.S. Census Bureau.
    16. Melo, Alberto & Rodríguez-Clare, Andrés, 2006. "Productive Development Policies and Supporting Institutions in Latin America and The Caribbean," IDB Publications (Working Papers) 3358, Inter-American Development Bank.
    17. Ivan Dufeu, 2004. "Market Size and Vertical Equilibrium in the Context of Successive Cournot Oligopolies," Working Papers hal-00581571, HAL.
    18. Jacobsson, Staffan & Lauber, Volkmar, 2006. "The politics and policy of energy system transformation--explaining the German diffusion of renewable energy technology," Energy Policy, Elsevier, vol. 34(3), pages 256-276, February.
    19. Haiwen Zhou, 2021. "Fixed Costs and the Division of Labor," Annals of Economics and Finance, Society for AEF, vol. 22(1), pages 63-81, May.
    20. Haiwen Zhou, 2004. "The division of labor and the extent of the market," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 24(1), pages 195-209, July.
    21. Adrian Wood & Jörg Mayer, 2011. "Has China de-industrialised other developing countries?," Review of World Economics (Weltwirtschaftliches Archiv), Springer;Institut für Weltwirtschaft (Kiel Institute for the World Economy), vol. 147(2), pages 325-350, June.
    22. Rodriguez-Clare, Andres, 1996. "The division of labor and economic development," Journal of Development Economics, Elsevier, vol. 49(1), pages 3-32, April.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ecr:col070:11149. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Biblioteca CEPAL (email available below). General contact details of provider: https://edirc.repec.org/data/eclaccl.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.