State, firms and the process of industrial upgrading
Latin America's variety of capitalism and the Costa Rican experience
Bibliographic Data
| ID | 2159507 |
|---|---|
| Authors | Diego Sánchez‐ancochea (0000-0001-6243-0784, corresponding author), Diego Sánchez-Ancochea |
| Year | 2009 |
| Volume | 38 |
| Issue | 1 |
| Pages | 62-86 |
| Publication date | 2009-02-01 |
| Peer Reviewed | Yes |
| Open Access | No |
| Type | ARTICLE |
| Venue | Economy and Society (JOURNAL) |
| Journal identifiers | ISSN: 0308-5147 • E-ISSN: 1469-5766 |
| Publisher | Informa UK Limited (PUBLISHER • GB) |
| DOI | 10.1080/03085140802560520 |
| OpenAlex | W2023024223 |
| Language | EN |
| Citations received | 10 |
| References cited | 21 |
This article explores the usefulness of the varieties of capitalism approach to explain Latin America's failure to secure industrial upgrading. Based on the analysis of Costa Rica's partial success in developing high-tech sectors, the article makes two arguments. First, the hierarchical market economy model discussed by Soskice and Schneider in this special issue contributes to our understanding of some of Latin America's problems. In particular, the model's accent on negative complementarities between large business groups, transnational corporations and the labour market explains the persistent lack of innovation and the maintenance of structural heterogeneity. Second, however, the recent expansion of new production activities in Costa Rica signals the limitations of the model and the need to incorporate the state as a central variable. It was bureaucratic leadership and not private-sector demands that triggered the expansion of social spending and the attraction of more dynamic foreign investors that were behind the emergence of new sectors. In the conclusion, the article extends this argument to the rest of Latin America and calls for an approach that combines the incentive structure of firms and the behaviour of the state
Business · Capitalism · Economic history · Economic system · Economics · Economy · Ethnology · Latin Americans · Mexican State · Political science · Puerto rican · Sociology · State (computer science · Variety (cybernetics · Asian Industrial and Economic Development · Labor Movements and Unions · Social Policy and Reform Studies
Repensando las Variedades de Capitalismo desde la Periferia
Años de capitalismo a la carta en Centroamérica
All Varieties Are Equal… Contributions from Dependency Approaches to Critical Comparative Capitalisms Research
Broadened embedded autonomy and Latin America’s Pink Tide
Political legitimacy and economic development
Comparative Capitalism, Growth Models and Emerging Markets
The theory and practice of building developmental states in the Global South
Global capital, uneven development and national difference
Diversified Business Groups and the Transnationalisation of the Salvadorean Economy
Is there an Asian model of technological emergence
The Rise of “The Rest”
The Political Economy of Central America since 1920
Embedded Autonomy
An Introduction to Varieties of Capitalism
Development and Crisis of the Welfare State
The Political Economy of Adjustment in Mixed Market Economies
Costa Rica's Development Strategy based on Human Capital and Technology
Social Democracy in the Global Periphery
Magnitude of ecotourism in Costa Rica and Kenya
The Political Economy of Poverty, Equity, and Growth
With a Little Help from my Friends
Economic Liberalization and Corporate Governance
Domestic Capital, Civil Servants and the State
How and why capitalisms differ
French capitalism transformed, yet still a third variety of capitalism
| Unique citing works | 10 |
|---|---|
| Citations per year | 0,77 |
| Citation span | 2013 - 2022 (10) |
| Citation velocity | historical |
| Highly cited | No |
| Citation types | Neutral: 8 |