Institutional Obstacles to Industrial Development in Peru
Abstract
Some twenty-five plants in twenty different industries were visited in order to get an overview of their operations on the plant floor, and to interview management about problems they faced in carrying out their jobs. Labor leaders and government personnel concerned with industrial development were also interviewed as to their opinions about the principle problems being encountered in the industrial development of Peru. Although the results are highly tentative at this stage of the project, some aspects of a structure of underdevelopment can be identified. The market for industrial products in Peru is severely limited both in size and in capacity. The 'solutions' attempted at all levels of both private industry and government seem to further limit the market and, in some ways, slow down the industrial development of Peru. Decisions and policies designed to promote development are frequently mitigated by policies designed to solve other problems. Fear of future monetary and political instability inhibits long-range planning in all sectors, and leads to short-run maximization strategies.
Document Details
- Document Type
- Technical Report
- Publication Date
- Jan 01, 1971
- Accession Number
- AD0721104
Entities
Organizations
- Kalamazoo College