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dc.titleIndustrial Policy in Guatemala: A Case of Policy Inertia under Changing Paradigms
dc.contributor.authorCuevas, Mario
dc.contributor.authorLée, Sigfrido
dc.contributor.authorPineda, Bismarck
dc.contributor.orgunitDepartment of Research and Chief Economist
dc.coverageGuatemala
dc.date.available2011-08-09T00:00:00
dc.date.issue2010-11-01T00:00:00
dc.description.abstractThis paper reviews productive development policies (PDPs) in Guatemala, focusing on the alleged justification of existing programs in terms of the market or government failures they are meant to address. An effort is made to identify how the different instruments complement or contradict each other and how these situations came to be. The main hypothesis throughout the paper is that there are non-trivial contradictions within the set of PDPs and its implementation framework that render policy instruments ineffective or inefficient, with evidence from several case studies. On this basis and in light of international practices, the study develops a broad set of recommendations for improving the design and implementation of Guatemala's PDPs.
dc.identifier.doihttp://dx.doi.org/10.18235/0011185
dc.identifier.urlhttps://publications.iadb.org/publications/english/document/Industrial-Policy-in-Guatemala-A-Case-of-Policy-Inertia-under-Changing-Paradigms.pdf
dc.language.isoen
dc.mediumAdobe PDF
dc.publisherInter-American Development Bank
dc.subjectFinancial Policy
dc.subject.jelcodeO25 - Industrial Policy
dc.subject.jelcodeO43 - Institutions and Growth
dc.subject.keywordsIDB-WP-169
dc.typeWorking Papers
idb.identifier.pubnumberWorking Papers
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