Diversified Business Groups and the Transnationalisation of the Salvadorean Economy

Dados Bibliográficos

ID3215031
AutoresBenedicte Bull (0000-0002-5950-9309, autor correspondente)
Ano2013
Volume45
Fascículo2
Páginas265-295
Data de publicação2013-05-01
Peer ReviewedSim
Open AccessSim
TipoARTICLE
PeriódicoJournal of Latin American Studies (JOURNAL)
Identificadores do periódicoISSN: 0022-216X • E-ISSN: 1469-767X
EditoraCambridge University Press (CUP) (PUBLISHER)
DOI10.1017/s0022216x13000370
OpenAlexW2121640996
IdiomaEN
Citações recebidas12
Referências citadas21

El Salvador has undergone a deep economic transformation over recent decades, from a model based on agro-exports to an open, transnational service-based economy. This transformation has occurred in a context dominated historically by a small group of elite families that formed family-owned diversified business groups (DBGs). This paper studies the leading groups' strategies in confronting transnationalisation. It shows that the DBGs have adapted to the new realities through a combination of sector shifts, internationalisation and the adoption of different kinds of relationships with multinationals. In spite of this, there is little evidence that the DBGs have become less important or subordinate to multinational corporations. Rather, they have, in different ways, exploited their local and regional knowledge and networks to confront competition at home and expand at the regional level

Business · Competition (biology) · Context (archaeology) · Economic geography · Economic system · Economics · Economy · Elite · Geography · International trade · Internationalization · Multinational corporation · Political science · Family Business Performance and Succession · Global trade, sustainability, and social impact · Migration, Ethnicity, and Economy