Industrial Development in a Frontier Economy
, by Pineda, YovannaNote: Supplemental materials are not guaranteed with Rental or Used book purchases.
- ISBN: 9780804759830 | 0804759839
- Cover: Hardcover
- Copyright: 7/1/2009
In 1890, Argentina was a wealthy nation on the brink of industrialization.Industrial Development in a Frontier Economyexamines Argentina's failure over the next forty years to develop an efficient manufacturing sector, even as countries in similar circumstancesMeiji Japan, Brazil, and Mexicosuccessfully modernized their economies. Yovanna Pineda conducts a pioneering microanalysis of 59 domestic corporations, spanning ten manufacturing sectors, to show that Argentina's macroeconomic conditions led domestic manufacturers to concentrate on survival at the expense of innovation and growth. Her analysis reveals that the resulting risk-averse, monopolistic business practices, more than any collective action or governmental policy, forestalled the country's industrialization.