CEPAL Review

Cepal Review is the leading journal for the study of economic and social development issues in Latin America and the Caribbean. Edited by the Economic Commission for Latin America, each issue focuses on economic trends, industrialization, income distribution, technological development and monetary systems, as well as the implementation of economic reform and transfer of technology. Written in English and Spanish (Revista de la Cepal), each tri-annual issue offers approximately 12 studies and essays undertaken by authoritative experts or gathered from conference proceedings.

English Spanish

Global monetarism and destruction of industry

In recent years there has been much discussion of the effect on manufacturing industry produced by the recent application of global monetarist policies. In the present article it is asserted that they have introduced an anti-industrial bias which has diminished the importance of the sector and, in some cases, has even destroyed a large part of its installed capacity.

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