Latin America's Insertion in the World Economy
Subtitle: Towards Systemic Competitiveness in Small Economies (International Political Economy)
Contributors: Ruud Buitelaar (Editor); Pitou van Dijck (Editor)
Publisher: Palgrave Macmillan; St Martin's Press
Published: July 15, 1996
Language: eng
Format: Hardcover
Number of pages: 282
ISBN-13: 9780312128234
Subjects: Development - Economic Development; International - Economics; Business & Economics / Economic Development; Business & Economics / Economics / General; Business & Economics-International - Economics; Economics Of Developing Countries; Business / Economics / Finance; Competition; Competition, International; Economic policy; Foreign trade promotion; Latin America; Business/Economics
Description: The greatest challenge facing countries in Latin America is to improve their positions in intensely competitive world markets. International competitiveness is a crucial factor for economic and social recovery and for improving the standard of living. The chances of success depend critically on the relationship between government and the private sector.

This book questions whether the mix of policies currently pursued in the selected countries will suffice to bring about the required structural transformation. What is needed is not just less government but better government that is capable of correcting markets in an effective and efficient way and that creates a stimulating environment for domestic industry.

. This book analyses the contributions governments in small and medium-sized countries in the region can make to the strengthening of the international competitiveness and export-orientation of the manufacturing sectors. Theoretical, cross-country and country-specific studies in this volume analyse the progress made recently to correct policy failures of the past, the obstacles and bottlenecks that have occurred in the process of economic transition and the challenges ahead for the selected countries.