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Beyond Seattle, Davos and Porto Alegre: World Trade and Second Generation Reforms in Latin America

In: Latin America

Author

Listed:
  • Dieter W. Benecke

Abstract

Since the beginning of the 1990s, most countries in Latin America, abandoning import substitution policies of the past decades, have opened their economies to foreign trade for a large quantity of products. Mexico, Brazil and Chile in particular, as well as Argentina for a certain time, have benefited in terms of greater growth and innovation from this policy. However, the days of the windfall profits of globalization seem to be over and limitations to growth arising from both external obstacles and internal social problems are becoming increasingly apparent.

Suggested Citation

  • Dieter W. Benecke, 2002. "Beyond Seattle, Davos and Porto Alegre: World Trade and Second Generation Reforms in Latin America," Palgrave Macmillan Books, in: Patricia Gray Rich (ed.), Latin America, chapter 13, pages 248-273, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-0-230-55459-7_13
    DOI: 10.1057/9780230554597_13
    as

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