Trade and economic growth: a Latin American perspective on rhetoric and reality

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Autores principales: Moreno Brid, Juan Carlos, Pérez Caldentey, Esteban
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Lenguaje:English
Publicado: ECLAC 2014
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Acceso en línea:http://hdl.handle.net/11362/4899
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spelling oai-11362-48992020-03-06T16:50:27Z Trade and economic growth: a Latin American perspective on rhetoric and reality Moreno Brid, Juan Carlos Pérez Caldentey, Esteban COMERCIO EXTERIOR CRECIMIENTO ECONOMICO INDICADORES ECONOMICOS ESTADISTICAS COMERCIALES FOREIGN TRADE ECONOMIC GROWTH ECONOMIC INDICATORS TRADE STATISTICS Incluye Bibliografía There is a longstanding tradition of analyzing trade and growth in economics, going back to the discipline's founders. But for Latin America, the debate on the significance of this relationship has had much more than academic relevance. It has been one of the central components of the different approaches to development that have shaped the region's economic history, the other (closely related) component being the roles of the State and of the market in economic development. In Latin America, the dominant understanding of the relationship between trade and growth has evolved radically over time. Starting from the position that foreign trade should be managed with the objective of promoting industrialization and domestic development, around the mid 1980s it changed to an opposing view based on the notion that free trade and privatization are the fundamental guarantors of sustainable economic growth. In the last ten years, however, the consensus view has shifted again, to a more critical, skeptical view of the benefits of trade as an automatic and dynamic engine of economic growth.More precisely, analysis of the trade-growth relationship in Latin America since World War II has passed through various stages. The first, which lasted until the early 1960s, was associated with the dominance of the Structuralist school of economic thought. It was marked by a rejection of free trade policies, an emphasis on primary commodity exports and inward, state-led industrialization. In the second stage, which lasted from 1960 to the mid-70's, the policies associated with 'structuralism' were called into question. But many professional economists remained committed to state led industrialization while also recognizing the role of manufacturing exports in promoting growth. 2014-01-02T15:37:33Z 2014-01-02T15:37:33Z 2009-11 Texto Documento Completo 9789211217339 http://hdl.handle.net/11362/4899 LC/L.3179-P LC/MEX/L.945 en Serie Estudios y Perspectivas (México, DF) 119 application/pdf AMERICA LATINA LATIN AMERICA ECLAC
institution Cepal
collection Cepal
language English
topic COMERCIO EXTERIOR
CRECIMIENTO ECONOMICO
INDICADORES ECONOMICOS
ESTADISTICAS COMERCIALES
FOREIGN TRADE
ECONOMIC GROWTH
ECONOMIC INDICATORS
TRADE STATISTICS
spellingShingle COMERCIO EXTERIOR
CRECIMIENTO ECONOMICO
INDICADORES ECONOMICOS
ESTADISTICAS COMERCIALES
FOREIGN TRADE
ECONOMIC GROWTH
ECONOMIC INDICATORS
TRADE STATISTICS
Moreno Brid, Juan Carlos
Pérez Caldentey, Esteban
Trade and economic growth: a Latin American perspective on rhetoric and reality
description Incluye Bibliografía
format Texto
author Moreno Brid, Juan Carlos
Pérez Caldentey, Esteban
author_facet Moreno Brid, Juan Carlos
Pérez Caldentey, Esteban
author_sort Moreno Brid, Juan Carlos
title Trade and economic growth: a Latin American perspective on rhetoric and reality
title_short Trade and economic growth: a Latin American perspective on rhetoric and reality
title_full Trade and economic growth: a Latin American perspective on rhetoric and reality
title_fullStr Trade and economic growth: a Latin American perspective on rhetoric and reality
title_full_unstemmed Trade and economic growth: a Latin American perspective on rhetoric and reality
title_sort trade and economic growth: a latin american perspective on rhetoric and reality
publisher ECLAC
publishDate 2014
url http://hdl.handle.net/11362/4899
work_keys_str_mv AT morenobridjuancarlos tradeandeconomicgrowthalatinamericanperspectiveonrhetoricandreality
AT perezcaldenteyesteban tradeandeconomicgrowthalatinamericanperspectiveonrhetoricandreality
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