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Convergence, trade and industrial policy: Argentina, Brazil and Uruguay in the international economy, 1900–1980

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dc.contributor.authorBértola, Luis
dc.contributor.authorPorcile, Gabriel
dc.date.accessioned2011-11-17T14:03:35Z
dc.date.available2011-11-17T14:03:35Z
dc.date.issued2006
dc.description.abstractThis paper discusses the economic performance of three Latin American countries (Argentina, Brazil and Uruguay) from a comparative perspective, using as a benchmark a group of four developed countries (France, Germany, the United Kingdom and the United States). The focus is on the relative performance within the region and between the Latin American countries and the developed countries in the period 1900-1980. The paper argues that Argentina and Uruguay benefited from a privileged position in international markets at the beginning of the 20th century and this allowed them to converge. However, they failed to adjust to the major long-run change in the pattern of world trade brought about by World War I and the Great Depression, which implied a persistent decline of their export markets. On the other hand, Brazil, after having been much less successful until 1930, grew at higher rates thereafter based on rapid structural change and the building up of competitive advantages in new industrial sectors. The more vigorous Brazilian policy for industrialization and export diversification may explain why Brazil succeeded in changing its pattern of specialization, while Argentina and Uruguay were locked in to the old pattern. A typology of convergence regimes is suggested based on the growth experience of these countries.
dc.format.mimetypeapplication/pdf
dc.identifier.bibliographicCitationRevista de Historia Económica / Journal of Iberian and Latin American Economic History, Año XXIV, primavera 2006, n. 1, pp. 1-30
dc.identifier.issn0212-6109
dc.identifier.publicationfirstpage1
dc.identifier.publicationissue1
dc.identifier.publicationlastpage30
dc.identifier.publicationtitleRevista de Historia Económica
dc.identifier.publicationtitleJournal of Iberian and Latin American Economic History
dc.identifier.urihttps://hdl.handle.net/10016/12599
dc.language.isoeng
dc.publisherUniversidad Carlos III de Madrid. Instituto Laureano Figuerola: Centro de Estudios Políticos y Constitucionales
dc.rightsAtribución-NoComercial-SinDerivadas 3.0 España
dc.rights.accessRightsopen access
dc.rights.urihttp://creativecommons.org/licenses/by-nc-nd/3.0/es/
dc.subject.ecienciaHistoria
dc.subject.ecienciaEconomía
dc.subject.jelN16
dc.subject.otherConvergencia estructual
dc.subject.otherPolítica industrial
dc.subject.otherModelos de crecimiento económico
dc.subject.otherBalanza de pagos
dc.subject.otherBrasil
dc.subject.otherConvergence regimes
dc.subject.otherIndustrial policy
dc.subject.otherBalance of payments
dc.subject.otherConstrained growth
dc.subject.otherPath dependency
dc.subject.otherArgentina
dc.subject.otherBrazil
dc.subject.otherUruguay
dc.titleConvergence, trade and industrial policy: Argentina, Brazil and Uruguay in the international economy, 1900–1980
dc.typeresearch article*
dc.type.hasVersionVoR*
dc.type.reviewPeerReviewed
dspace.entity.typePublication
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RHE 2006 n. 01 primavera (II época)