The Policy Implications of Schumpeterian Competition

Jose Tavares de Araujo

Chapter 8 in Trade Negotiations in Latin America, 2003, pp 155-165 from Palgrave Macmillan

Abstract: Abstract Latin American governments have been faced with the difficult task of maintaining a coherent stance throughout the process of economic reform. Stabilization, trade liberalization and privatization were meritorious goals of the new policies launched in the region beginning in the late 1980s. But in those cases where the government was unable to keep special interests at bay, the reforms turned into short-lived monetary anchors, erratic trade policies and badly regulated private monopolies. The end results were unemployment, increased social inequalities, decadent public services, low rates of economic growth and currency crisis.

Keywords: Organize Crime; World Trade Organization; Competition Policy; Entry Barrier; North American Free Trade Agreement (search for similar items in EconPapers)
Date: 2003
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-4039-1858-1_9

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DOI: 10.1057/9781403918581_9

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