Industry, Competitiveness and Technological Capabilities in Chile: A New Tiger from Latin America?

by Carlo Pietrobelli

Overview

Chile's export diversification and industrial development since 1974 represents a laboratory case of market liberalization based on neoclassical principles. Advocated by the World Bank as the chief development strategy for most developing countries, Chile implemented what the World Bank is recommending as the lesson of East Asia. The book examines whether the continuous implementation of these policies since 1974 turned Chile into a Tiger. This book investigates these issues in detail with original evidence and analyses at the macro, industrial and microeconomic levels.

Product Details

ISBN-13:	9780312177423
Publisher:	Palgrave Macmillan UK
Publication date:	04/02/1998
Edition description:	1998
Pages:	239
Product dimensions:	5.51(w) x 8.50(h) x 0.03(d)

About the Author

Carlo Pietrobelli is a Lead Specialist in the Competitiveness and Innovation Division of the Inter-American Development Bank. Prior to joining the IDB, he was Professor of Economics at the University of Roma Tre and Director of the Center for Studies on the Economics of Institutions (CREI). He also served as Deputy Rector for University-Industry linkages at the same university. He holds a PhD in Economics from Oxford University and has worked as policy advisor for international organizations like the European Commission, the World Bank, IFAD, UNIDO, UNCTAD, ECLAC, CAF, and OECD in many countries in Africa, Asia and Latin America. His research interests include innovation and technological change, industrial policy, international trade, clusters and value chains in developing countries. His research has been published in many academic journals and books with Harvard University Press, Edward Elgar and Routledge. At the IDB he designs and manages programs to promote competitiveness and in

Table of Contents

Foreword; S.Lall Introduction A Dynamic Concept of Comparative Advantage. Technological Capabilities and Trade Theories Macroeconomic Policy Framework and Economic Performance in Chile: 1974-88 National Technological Capabilities and Manufactured Exports Performance: A Comparative Approach An Econometric Analysis of the Determinants of Chile's Comparative Advantage in Non-Traditional Manufactured Goods A Firm-Level Approach to Comparative Advantage: The Case of Selected Exporters of Manufactures Conclusions and Policy Implications References Index

Editorial Reviews

Through analyses of non-traditional exporters at the macro, microeconomic, and industrial levels, Pietrobelli (economics, U. of Tor Vergata, Rome) represents Chile's economic performance from 1974- 88 as a test case of market liberalization based on neoclassical principles. In the context of a dynamic concept of comparative advantage and its relevance for developing countries (as vs. conventional theories), the author contrasts their successes with the achievements of the East Asian "tigers," and considers policy implications of such a technological capabilities approach. The survey questionnaire and graphics on economic indicators augment the text. Annotation c. by Book News, Inc., Portland, Or.

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