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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The internationalization of Latin American industrial firms

The Latin American countries’ position within the international economy finds concrete expression in the international operations of their business enterprises. Some of these operations, such as international trade and finance in major world markets, are already traditional activities of leading Latin American firms, and at least since the mid-1970s, these firms have been part of a rapid internationalization process which gave rise both to the export boom of the 1980s and also to the heavy private external borrowing seen in the 1970s.

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