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Journal ArticleDOI

Technology transfer patterns and industrialization in LDCs: a study of licensing in Costa Rica

Devora Grynspan
- 01 Sep 1982 - 
- Vol. 36, Iss: 4, pp 795-806
TLDR
The U.N. Economic Commission for Latin America (ECLA) of import-substitution industrialization and integration policies was used to stimulate employment and technological development, and to alleviate the balance-of-payments difficulties resulting from deteriorating terms of trade as discussed by the authors.
Abstract
Industrialization efforts in Central America started in the post–World War II period, partly as a result of advocacy by the U.N. Economic Commission for Latin America (ECLA) of import-substitution industrialization and integration policies. Import-substitution industrialization was expected to stimulate employment and technological development, and to alleviate the balance-of-payments difficulties resulting from deteriorating terms of trade. From the beginning, import-substitution industrialization was linked to the creation of the Central American Common Market (CACM), which was expected to encourage industrialization through the formation of larger markets and through protectionist policies. But integration's final form abandoned many of the policies advocated by ECLA, particularly those relating to planning and treatment of foreign actors. Instead, the 1960 integration agreements emphasized “free trade” and the rapid creation of a customs union. The Central American Common Market provided an opening to foreign capital, which was encouraged, rather indiscriminately, through protection and fiscal incentives.

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Journal ArticleDOI

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Dependency and development in Latin America

TL;DR: The theory of imperialist capitalism has so far attained its most significant treatment in Lenin's works as discussed by the authors, not only because Lenin attempts to explain transformations of the capitalist economies that occurrred during the last decade of the nineteenth century and the first decade of twenty-five years of the twentieth, but also because of the political and historical implications contained in his interpretations.
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The political economy of development and underdevelopment

TL;DR: In this article, Amartya K. Sen discusses the misconceptions of "developmental economics", Deepak Lal conventional foolishness and overall ignorance - current approaches to global transformation and development, Gerald Helleiner toward a non ethnocentric theory of development - alternative conceptions from the Third World, Howard H. Wiarda.
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