ABSTRACT

Thus far, we have addressed the potential obstacles and arguments that could be launched against an active East Asian-style industrial policy in Latin America, including political obstacles. We turn now to what shape reforms of the state sector and state-private relations should take in LA, and then provide examples of successes at the company level that could inspire change along these lines. We began and close by showing that the timing is right and that this set of ideas could be politically viable in Latin America, solving some of the problems with the limited benefits of growth historically under neoliberal regimes and the lack of growth altogether under “socialist” ones.