Investment in the industrial sector
- Authors: Graciela Moguillansky and Ricardo Bielschowsky
- Main Title: Investment and Economic Reform in Latin America , pp 49-77
- Publication Date: August 2001
- DOI: https://doi.org/10.18356/679240d0-en
- Language: English
The industrial sector was hardest hit by the economic reforms, with a higher cost of adjustment than in any other sector. The investment coefficient for this sector fell, recovered slowly in some countries and only in the case of Chile was able to grow strongly enough to exceed the averages for previous decades. The most drastic changes in the industrial sector were triggered by market opening and liberalization. Interviews with businesspeople and detailed surveys carried out in several countries all lead to the conclusion that entrepreneurs in the industrial sector adopted a defensive position in response to liberalization and deregulation.
© United Nations
ISBN (PDF):
9789211557916
Book DOI:
https://doi.org/10.18356/ae277359-en
Related Subject(s):
Economic and Social Development
Sustainable Development Goals:
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