Latin America's competitive position in knowledge-intensive services trade / Andrés López, Andrés Niembro and Daniela Ramos.

Format:

Book

Government document

Author/Creator:

López, Andrés, author.

Contributor:

Niembro, Andrés.

Ramos, Daniela.

Language:

English

Subjects (All):

Economic and Social Development.

Local Subjects:

Economic and Social Development.

Physical Description:

1 online resource (19 pages)

Contained In:

CEPAL Review Vol. 2014, no. 113, p. 21-39 2014:113<21 1684-0348

Place of Publication:

[Place of publication not identified] : United Nations, 2014.

System Details:

text file

Summary:

This study presents a dynamic analysis of Latin America's competitiveness in trade in knowledge-intensive services. The methodology used to undertake this analysis is based on the Tradecan approach developed by the Economic Commission for Latin America and the Caribbean (eclac), which provides a means of assessing different countries' competitiveness by looking at their exports to the fastest-growing markets. (In the past, it has usually been applied primarily to exports of goods.) The results suggest that, although some Latin American countries have made inroads in knowledge-intensive service segments and have comparative advantages in them, the percentage of "rising stars" (dynamic sectors in which a country or region is gaining in market share) is still low, while there is a high percentage of "missed opportunities" (dynamic sectors in which a country or region is losing market share). This points up the existence of areas in which the region's competitive position is weak and in which policies are needed to leverage its competitive advantages and remove the obstacles that are holding it back from establishing a more advantageous position in knowledge-intensive service markets.

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