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Introduction: Can Latin America Compete?

In: Can Latin America Compete?

Author

Listed:
  • John Price
  • Jerry Haar

Abstract

Adecline in foreign direct investment and reinvestment in the Americas, in tandem with a sharp rise in Asia; the resurgence of antiliberal populism (for example, in Venezuela, Bolivia); widening income inequality; excessive business regulation; barriers to financial access; lackluster educational performance; paltry expenditures in R&D; and deteriorating infrastructure lead one to seriously question: Can Latin America compete? On the other hand, macroeconomic stability, low inflation, privatization, trade liberalization, increasing technology adoption and dissemination, and the ongoing boom in the demand and prices of commodities serve as significant counterweights to the negative indicators cited. The growth and expansion, regionally and globally, of Latin American multilatinas such as Embraer, Carvajal, América Móvil, Falabella, Odebrecht, and Techint are testimony that selected Latin American firms—if not entire nations—can, indeed, compete.1

Suggested Citation

  • John Price & Jerry Haar, 2008. "Introduction: Can Latin America Compete?," Palgrave Macmillan Books, in: Jerry Haar & John Price (ed.), Can Latin America Compete?, pages 1-25, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-0-230-61047-7_1
    DOI: 10.1057/9780230610477_1
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    Cited by:

    1. John Theodore, 2022. "The Evolution Of Management In Private Enterprises In Brazil La Evolucion De La Gestion En Las Empresas Privadas En Brasil," Revista Global de Negocios, The Institute for Business and Finance Research, vol. 10(1), pages 93-104.

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