Faced with growing disillusionment with the supposed panacea of foreign aid and the apparent success of those developing countries that most vigorously pursued a policy of promoting manufactured exports, many experts actively promote the new faith in export-led development as a definitive solution to the external limitations to its development. This paper reviews the experience of manufacturing exports from developing countries, in order to extract the relevant lessons for the trade policy of these countries and identify the aspects and problems that merit priority future research efforts.
Keywords:
Debt, Latin America, World Economy, Developing Countries, Balance of payments
Author Biography
Guillermo Perry, FEDESARROLLO
Ex Director nacional de impuestos internos de Colombia y actual investigador de FEDESARROLLO.
Perry, G. (1978). Los mercados mundiales de manufacturas y la industrialización y política comercial de los países en desarrollo. Estudios Internacionales, 11(42), p. 66–94. https://doi.org/10.5354/0719-3769.1978.16472