"Technological dynamism and social inclusion in Latin America: a resource-based production development strategy"
2010. “Technological dynamism and social inclusion in Latin America: a resource-based production development strategy” CEPAL Review Nº 100, pp. 121-141.
2008. Longer version downloadable as Working Paper: "A Vision for Latin America: a resource-based strategy for technological dynamism and social inclusion" Globelics WP Series No. WPG0804, ISBN: 978-970-701-963-8, July.
Download (Alternative): PEREZ Vision English Globelics wp0804-en.pdf (499kb)
This paper sets out a strategy for invigorating development in Latin America by taking advantage of specific opportunities in the current context and the advantages offered by the region. It briefly analyses the characteristics of globalization and the techno-economic paradigm of the information and communications technology revolution in order to identify new opportunities in terms of markets, positioning in global networks and technological options. From this perspective, it argues that natural resource-based process industries can complement the specialization of Asia in assembly industries. Given the low rate of employment in the former, it proposes a dual strategy that includes promoting "bottom-up" wealth creation by taking advantage of the new flexibility in technological diversity, transport and trade. The idea is to stimulate policy debate and experimentation and signpost some avenues of research.
1. IntroductionBy way of executive summary2. Changing Conditions; Changing StrategiesSuccess and obsolescence of the Import Substitution model3. Globalization and its DeterminantsThe ICT paradigm and the global corporation4. The Context and a Resource Based StrategyA dual approach for a dual reality5. Hyper-Segmentation of MarketsOpportunities at both ends of the dual model6. Hyper-Segmentation of the Value NetworkStrategies and policies for mutual advantage7. Hyper-Segmentation of TechnologiesIncreasing high-tech specialization coexisting with traditional methods8. The Seed of the FutureUsing the current market opportunities to prepare conditions for a leap in future technologies9. A Temporary Window of Opportunityand why theories about resource-based development are also temporary10. Implementing the VisionGenerating consensus and establishing an adequate institutional framework11. References
'...the book fills an important gap in the literature on business cycles and innovations. I most strongly commend it to all those attempting to understand the past and future evolution of technology and the economy.'
Christopher Freeman, Emeritus Professor, SPRU,
University of Sussex, UK
'...Carlota Perez shows us that historically technological revolutions arrive with remarkable regularity, and that economies react to them in predictable phases. Her argument provides much needed perspective not just on history, but on our own times. And especially on our own information revolution.'
W. Brian Arthur, Santa Fe Institute, New Mexico