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Innovation, Competitiveness, and Development in Latin America: Lessons from the Past and Perspectives for the Future

Online ISBN:
9780197648049
Print ISBN:
9780197648070
Publisher:
Oxford University Press
Book

Innovation, Competitiveness, and Development in Latin America: Lessons from the Past and Perspectives for the Future

Edmund Amann (ed.),
Edmund Amann
(ed.)
Professor of Brazilian Studies, Leiden University
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Paulo N. Figueiredo (ed.)
Paulo N. Figueiredo
(ed.)
Professor of Technology and Innovation Management, GetĂșlio Vargas Foundation
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Published online:
21 March 2024
Published in print:
5 May 2024
Online ISBN:
9780197648049
Print ISBN:
9780197648070
Publisher:
Oxford University Press

Abstract

This book concerns itself with the key puzzle of the postwar political economy of Latin America: why has the pursuit of development and catch-up with the advanced economies proved so elusive? Specifically, the volume seeks to explore the key factors comprising Latin America’s middle technology and income trap and what steps which might be taken to help the region escape it. Engaging with this central question and determining ways forward, this volume emphasizes the role of policy. It aims to establish what has worked, what has failed, and what needs to be done. What are the best forms of policy intervention to help Latin America overcome its structural impediments and seize emerging global opportunities? How, in the future, could the region avoid ‘missing the boat’ in terms of new windows of technological, learning, or sectoral opportunity? Engaging with these questions, this book is centrally concerned with the nature of the region’s strengths, weaknesses, and opportunities, and where these lie in relation to established or emerging sources of competitive advantage and technological capability. The volume attempts to establish the factors that are impeding or assisting the development of these attributes, highlighting the role of public policy. Another important focal point concerns the future scope for developing fresh capabilities and sources of comparative advantage, and the policy approaches likely to be effective in realizing this. The book draws on evidence from across the region and includes material on, among other countries, Argentina, Chile, Brazil, Costa Rica, Colombia, and Mexico.

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