Deindustrialization and economic stagnation in El Salvador / Luis René Cáceres.

Format:

Book

Government document

Author/Creator:

Cáceres, Luis René, author.

Language:

English

Subjects (All):

Economic and Social Development.

El Salvador.

Local Subjects:

Economic and Social Development.

El Salvador.

Physical Description:

1 online resource (21 pages)

Contained In:

CEPAL Review Vol. 2017, no. 122, p. 57-77 2017:122<57 1684-0348

Place of Publication:

New York : United Nations, 2018.

System Details:

text file

Summary:

This study will analyse the deindustrialization process in El Salvador. Deindustrialization has been a factor in the Latin American countries since the 1980s and contributes to economic stagnation and quality job loss. The first section reviews selected studies in the literature on this subject and is followed by an exploration of the possible causes of deindustrialization in El Salvador. The idea that remittances may have triggered a bout of Dutch disease is the first possibility to be examined, but it is then ruled out. The focus then turns to the repercussions of economic reforms carried out in the 1990s and, by estimating cointegration equations, evidence is found that the extreme form of trade liberalization that was implemented in El Salvador is the chief reason for the contraction of tradable goods sectors. The study closes with a series of recommendations and conclusions.

Notes:

Title from title screen (viewed May 1, 2017).

Access Restriction:

Restricted for use by site license.