Author : Carlo Pietrobelli
Release : 2010
Genre :
Kind : eBook
Book Rating : /5 ( reviews)
Book Synopsis Upgrading to Compete Global Value Chains, Clusters, and SMEs in Latin America by : Carlo Pietrobelli
Download or read book Upgrading to Compete Global Value Chains, Clusters, and SMEs in Latin America written by Carlo Pietrobelli. This book was released on 2010. Available in PDF, EPUB and Kindle. Book excerpt: Does enterprise participation in global markets ensure sustainable income growth? Policies have often been designed in the belief that this is true, but competitiveness and participation in international markets may take very different forms, and developing countries do not always benefit. This book presents a series of rich and original field studies from Latin America, conducted by the authors with the same consistent methodological approach, and represents a theory-generating exercise within clusters and economic development literature. The main question addressed is how Latin American small and medium-sized enterprises (SMEs) may participate in global markets in ways that provide for sustainable income growth, the “high road” to competitiveness. In contrast, the “low road” is often typically followed by small firms from developing countries, which often compete by squeezing wages and revenues rather than by increasing productivity, salaries, and profits.
