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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

Industrial policy and promotion of competitiveness

The debate in the region on industrial policy is currently centered on policies to promote competitiveness in the context of open economies. It gives priority to the use of horizontal policies, is based on the market, and attaches great importance to the maintenance of macroeconomic balance. It continues to suffer from weaknesses in its treatment of sectoral issues, however, continues to be reluctant to assimilate the Asian experience of giving support to pioneering firms and seeking closer coordination between the public and private sectors, and still does not give sufficient importance to measures to strengthen the technological base and human resources.

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