Professional Documents
Culture Documents
SESSION 27:
Unintended Consequences of US Interventionism and N eo-
eo-Liberal Policies In Latin America
--Competitive
-- Competitive advantages are qualities that the economic unit acquires
deliberately: specially constructed production factors, neither
inherited nor fortuitous, have a high cost and demand constant
maintenance and feedback. They are the fruit of long processes
which require the participation of other economic and social
agents; and, evidently, the public sector. A defensive or
conservative attitude is not enough, it is also necessary to be
aggressive and proactive, always being aware and alert of the
changing environment.
Critical variables
* Increase of the productive work capacity (productivity) due to
technological innovations.
*Restriction in variable capital (wages) in initial investments or actions
orientated to saving money when it is a question of companies in
operation.
*The quality of the natural resources of the region; better still when it is
possible, to take advantage of them without needing to actually
purchase the land and water.
* Administrative and legal regulations regarding access to productive
resources and freedom to manage them; for example, the permissive
position of the State and its willingness to give grants for private
enterprise.
* Vertical and horizontal connections of companies or conglomerates of
companies which supply goods and services (clusters), as well as
inter--sectarian links by means of strategic alliances to strengthen
inter
efficient value chains. Here the public sector plays a significant role
by providing communication and transportation infrastructure,
electrical power, irrigation, etc.
Two observations