WP/48 Industrial Policies in Latin America
This chapter analyses the main features of industrial policies carried out in Latin America since 1990. It studies these policies during import substitution industrialization and how they changed after the market-oriented economic reforms. It presents the main national strategies, policy lines and instruments designed in the region, as well as the return of sectoral policies to the public agenda. Special attention is paid to Brazilian industrial policies because they represent the most advanced experience in the region. The paper underscores that progress in policy design has out paced improvements in policy implementation and evaluation, and discusses the importance of sector targeting, endogenous capabilities, institutions, and political will for industrial policy.
- Publisher:
- UNU-WIDER
- Series:
- WIDER Working Paper
- Volume:
- 2011/48
- Title:
- WP/48 Industrial Policies in Latin America
- Authors:
- Wilson Peres
- Publication date:
- September 2011
- ISBN 13 Print:
- 978-92-9230-415-7
- Copyright holder:
- © UNU-WIDER
- Copyright year:
- 2011
- Keywords:
- industrial policy, clusters, policy implementation, Latin America, Brazil, implementation failures
- JEL:
- L52, N66, O25
- Project:
- Promoting Entrepreneurial Capacity
- Sponsor:
- UNU-WIDER acknowledges the financial contributions to the research programme by the governments of Denmark (Ministry of Foreign Affairs), Finland (Ministry for Foreign Affairs), Sweden (Swedish International Development Cooperation Agency—Sida) and the United Kingdom (Department for International Development).
- Format:
- online
- This study has been prepared within a joint project of UNU-MERIT, UNU-WIDER, and UNIDO on Pathways to Industrialization in the 21st Century: New Challenges and Emerging Paradigms.