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

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Stanford University Press, 2009 - History - 209 pages
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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Contents

Manufacturing Productivity and Concentration 18951935
18
Argentinas Investment in Imported Machinery 18901930
41
Merchant Finance Groups in Argentine Industrialization
60
Manufacturing Profi ts and Strategies 19041930
81
Political Economy of Industrial Legislation
108
Conclusions
127
Appendixes
140
Bibliography 189 Index
205
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About the author (2009)

Yovanna Pineda is Associate Professor of Latin American history at St. Michael's College.

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