Market-oriented reforms, cycles of destruction, creation of production capacity and building up of domestic technological capabilities

Resumo

This article discusses some of the implications of the market-oriented reforms and the rapid pace of globalisation of the world economy in the 1990s for industrial technological capability building in Latin America. On the one hand, such changes have permitted much better macroeconomic management, allowing governments to curb inflation, and to deal with recurrent fiscal and balance of payments imbalances. These reforms and the process of globalization have also induced the inception of a modern sector of production which has managed to incorporate many new computer-based production organisation technologies and to attain rapid progress in the use of ICTs. New sectors of economic activity have emerged in the economy, many of which now lead in terms of international competitiveness.

Ficha do documento

Tipo

Artigo científico

Ano

2005

Instituição

Escola Brasileira de AdEscola Brasileira de Administração Pública e de Empresas da Fundação Getulio Vargas (FGV EBAPE)

Fonte

Cadernos EBAPE.BR

Idioma

Português

Acesso

Não informado

Identificador

oai:ojs.periodicos.fgv.br:article/5402

Temas

Finanças Públicas