Decentralization, Competitiveness, and Globalization: Opportunities and Challenges

Eduardo Wiesner

Chapter 18 in The Local Alternative, 2011, pp 247-260 from Palgrave Macmillan

Abstract: Abstract The discussion about Latin American decentralization, competitiveness, and globalization merits special attention given the current situation. It has become clear that the decentralization models and practices of the 1980s and 1990s need to be reexamined to explore what modifications are needed in the context of increasing globalization, a trend that will neither significantly change course nor remain altogether stable.1 Furthermore, there are now lessons and experiences from the first phase of decentralization (Wiesner, 2003: 10) that can be built upon specifically to confront the challenges of globalization, and to take advantage of the opportunities it offers. In short, the assumption is that this region2 is—for better or for worse, though in a range of degrees—immersed in globalization, as it has been for decades since it correctly chose decentralization as its strategy for long-term development.

Keywords: Gross Domestic Product; Purchase Power Parity; Real Gross Domestic Product; Sudden Stop; Macroeconomic Stability (search for similar items in EconPapers)
Date: 2011
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-0-230-11964-2_19

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DOI: 10.1057/9780230119642_19

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