Microelectronics and Latin American development

According to OECD, the electronics complex will be the main pole around which the production structures of the industrial societies will be reorganized in the next quarter of a century. The dynamism of this complex in such societies, its impact on trends in investment and international trade, and the growing incorporation of its products and technologies in the Latin American countries are influencing to different extents and in different ways the national economies of the region. Among the potential repercussions of the electronics complex on Latin America, special mention may be made of increases in the differences of productivity with respect to the developed countries; changes in the comparative advantages of the various economies, in employment, and in ways of public administration; growing asymmetry in international information flows; and the threat to personal privacy and security, inter alia.