A major shift has been observed in the development strategies of most of the Latin American countries in recent years. One sign of this change has been that the countries have increased the neutrality of their trade policy incentives in an effort to give greater priority to the market as a resource-allocation mechanism; it is also hoped that this will result in a more export-oriented production apparatus. The authors review these changes and, in assessing the results to date and the consistency of these policy packages, contend that their impact in terms of economic growth and changing product…
This article highlights the need to complement macroeconomic policies designed to secure stabilization, deregulation and greater openness with other macroeconomic and microeconomic measures aimed at revitalizing the growth and competitiveness of the countries of the region. At the national level, in terms of macroeconomic measures, it is necessary to increase domestic saving and channel it towards productive investments within the local context, while microeconomic policy should include measures to develop and consolidate in the countries an innovative, wide-ranging system for furthering chang…
Introducción
La CEPAL, en el vigésimo tercer período de sesiones llevada a cabo. en Caracas, en mayo de 1990, formuló una propuesta para la región, cuyo principal propósito es lograr una necesaria transformación productiva que redinamice su desarrollo económico y que a la vez haga posibles los objetivos de mayor equidad social y consolide los procesos de democratización que están en curso en los diferentes países del área. El alcance de tales metas requiere de una decisiva capacidad de innovación, tanto de los gobiernos como de los diversos agentes que componen el tejido de una determinada soc…