Description

In 1890, Argentina was a wealthy nation on the brink of industrialization. Industrial Development in a Frontier Economy examines Argentina's failure over the next forty years to develop an efficient manufacturing sector, even as countries in similar circumstances—Meiji Japan, Brazil, and Mexico—successfully modernized their economies. Yovanna Pineda conducts a pioneering microanalysis of 59 domestic corporations, spanning ten manufacturing sectors, to show that Argentina's macroeconomic conditions led domestic manufacturers to concentrate on survival at the expense of innovation and growth. Her analysis reveals that the resulting risk-averse, monopolistic business practices, more than any collective action or governmental policy, forestalled the country's industrialization.

Industrial Development in a Frontier Economy: The Industrialization of Argentina, 1890–1930

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Hardback by Yovanna Pineda

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In 1890, Argentina was a wealthy nation on the brink of industrialization. Industrial Development in a Frontier Economy examines Argentina's... Read more

    Publisher: Stanford University Press
    Publication Date: 22/06/2009
    ISBN13: 9780804759830, 978-0804759830
    ISBN10: 0804759839

    Number of Pages: 224

    Non Fiction , Business, Finance & Law

    Description

    In 1890, Argentina was a wealthy nation on the brink of industrialization. Industrial Development in a Frontier Economy examines Argentina's failure over the next forty years to develop an efficient manufacturing sector, even as countries in similar circumstances—Meiji Japan, Brazil, and Mexico—successfully modernized their economies. Yovanna Pineda conducts a pioneering microanalysis of 59 domestic corporations, spanning ten manufacturing sectors, to show that Argentina's macroeconomic conditions led domestic manufacturers to concentrate on survival at the expense of innovation and growth. Her analysis reveals that the resulting risk-averse, monopolistic business practices, more than any collective action or governmental policy, forestalled the country's industrialization.

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