Beyond Seattle, Davos and Porto Alegre: World Trade and Second Generation Reforms in Latin America

Dieter W. Benecke

Chapter 13 in Latin America, 2002, pp 248-273 from Palgrave Macmillan

Abstract: Abstract Since the beginning of the 1990s, most countries in Latin America, abandoning import substitution policies of the past decades, have opened their economies to foreign trade for a large quantity of products. Mexico, Brazil and Chile in particular, as well as Argentina for a certain time, have benefited in terms of greater growth and innovation from this policy. However, the days of the windfall profits of globalization seem to be over and limitations to growth arising from both external obstacles and internal social problems are becoming increasingly apparent.

Keywords: European Union; World Trade Organization; World Trade; Latin American Country; Economic Order (search for similar items in EconPapers)
Date: 2002
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-0-230-55459-7_13

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DOI: 10.1057/9780230554597_13

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