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Beneath the Surface: The Impact of Radical Economic Reforms on the Outward Orientation of Argentine and Mendozan Firms, 1989–1995

Published online by Cambridge University Press:  01 May 1997

OMAR N. TOULAN
Affiliation:
Sloan School of Management, MIT, Cambridge, Massachusetts
MAURO F. GUILLÉN
Affiliation:
Wharton School, University of Pennsylvania, Philadelphia

Abstract

The main argument of this article is that in order to assess accurately the impact of a market liberalisation programme such as the one Argentina has undergone, one must look beneath the aggregate statistics and analyse underlying changes in critical market structure and organisational variables. While aggregate trade figures imply that the country has been successful at reintegrating itself into the world economy, two underlying trends reveal potential threats to the country's long-term development. These trends relate to the level of value added being created in the country, particularly with regard to its exports, and to changes in the composition of its trading partners.

Type
Research Article
Copyright
1997 Cambridge University Press

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Footnotes

The authors would like to acknowledge the support of the MIT–Province of Mendoza Project, and in particular that of Donald Lessard.