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.

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Latin America’s place in world trade

This article analyses the role played in world trade by the main countries of Latin America during the period 1965-1987. The analysis is based on a reclassification of commercial trends which shows both the intensity of use of the factors concerned and the technological content of these trends. Also, by constructing an indicator showing the contribution to the trade balance, we can compare the patterns of international specialization of the region as a whole and of each country in particular, as well as the changes made in those patterns as a result of the trade and exchange policies applied during the last two decades.

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