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

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dc.contributor.author Bértola, Luis
dc.contributor.author Porcile, Gabriel
dc.date.accessioned 2011-11-17T14:03:35Z
dc.date.available 2011-11-17T14:03:35Z
dc.date.issued 2006
dc.identifier.bibliographicCitation Revista de Historia Económica / Journal of Iberian and Latin American Economic History, Año XXIV, primavera 2006, n. 1, pp. 1-30
dc.identifier.issn 0212-6109
dc.identifier.uri http://hdl.handle.net/10016/12599
dc.description.abstract This 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.mimetype application/pdf
dc.language.iso eng
dc.publisher Universidad Carlos III de Madrid. Instituto Laureano Figuerola: Centro de Estudios Políticos y Constitucionales
dc.rights Atribución-NoComercial-SinDerivadas 3.0 España
dc.rights.uri http://creativecommons.org/licenses/by-nc-nd/3.0/es/
dc.subject.other Convergencia estructual
dc.subject.other Política industrial
dc.subject.other Modelos de crecimiento económico
dc.subject.other Balanza de pagos
dc.subject.other Brasil
dc.subject.other Convergence regimes
dc.subject.other Industrial policy
dc.subject.other Balance of payments
dc.subject.other Constrained growth
dc.subject.other Path dependency
dc.subject.other Argentina
dc.subject.other Brazil
dc.subject.other Uruguay
dc.title Convergence, trade and industrial policy: Argentina, Brazil and Uruguay in the international economy, 1900–1980
dc.type article
dc.type.review PeerReviewed
dc.subject.jel N16
dc.subject.eciencia Historia
dc.subject.eciencia Economía
dc.rights.accessRights openAccess
dc.type.version publishedVersion
dc.identifier.publicationfirstpage 1
dc.identifier.publicationissue 1
dc.identifier.publicationlastpage 30
dc.identifier.publicationtitle Revista de Historia Económica
dc.identifier.publicationtitle Journal of Iberian and Latin American Economic History
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