By Maria Ines Bastos

This assortment units out to discover expertise coverage in Latin the US throughout the Seventies and Nineteen Eighties. it truly is in keeping with state reviews and reports on the whole Latin American economies and examines the political turmoil surrounding safe industrialisation in those nations.

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Technology policy will not have an important role in such a pattern and the economic role of scientists and technologists in this kind of industrial system would presumably be rather limited. In this situation the political alliances around technology policies of earlier years would dissipate in a definitive way. The second alternative is that there will be a focus on industrial sectors that are comparatively dynamic in technological terms and in which competitiveness will require access to foreign technology in order to maintain the position of firms in international markets.

But above all, their process of accumulation was largely reliant on the workings of the financial system, since their investments were clearly associated with the actual subsidies they received in the form of credits at real interest rates which, between 1945 and 1975, were permanently negative due to inflation. As one specialist has remarked, probably more profit was yielded this way than by the actual running of the business, or at least the losses suffered by the latter were offset (Arnaudo 1987:162).

13 Hence, the three fundamental components of the National Policy were: Politics of technology in latin america 34 1 the tariff, to protect and promote industrialization; 2 the building of a transcontinental railway to link the east with the west of the country; 3 a massive immigration programme, to populate the prairies so that they could become a source of primary exports and a market for the protected industries in the east. The coherence of this great plan for national development headed by the state is evident.

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