Republic of Korea’s multinational corporations and the economic restructuring of Latin America

2019 ◽  
pp. 85-121
Author(s):  
Keyword(s):  
Latin America ◽  
Multinational Corporations ◽  
Economic Restructuring

Imperialism and Dependency in Latin America: A View of the New Reality of Multinational Investment

1973 ◽  
Vol 15 (1) ◽  
pp. 21-35 ◽  
Author(s):  
Russell Martin Moore
Keyword(s):  
Latin America ◽  
International Trade ◽  
Multinational Corporations ◽  
Latin American ◽  
International System ◽  
Economic Life ◽  
System A ◽  
The 1950S ◽  
Relationship Of ◽  
Developed World

The fundamental reality of Latin America during the 1970s will be the efforts of governments to reduce their countries' dependence on the developed world and thereby increase their autonomy within the international system. A salient aspect of this effort is and will be a redefinition of the role multinational corporations play in Latin American societies. Foreign investment will continue to play an important part in the economic life of the region, but the acceptable characteristics and behaviors of multinational corporations will differ substantially from those which were prevalent in the 1950s and 1960s.The rationale for a restructuring of the relationship of Latin American economies with the system of international trade and investment is found in the writings of “dependence theorists” such as Theotonio Dos Santos (1970) and Osvaldo Sunkel (1972). In a sense, their approach can be seen as a development of the Prebisch thesis of the 1950s, which held that Latin American economies were being systematically diverted from attaining their true potential through the workings of the international trade mechanism.

Meeting the Challenges of Industrial Restructuring: Labor Reform and Enforcement in Latin America

2008 ◽  
Vol 50 (02) ◽  
pp. 33-65 ◽  
Author(s):  
Mark Anner
Keyword(s):  
Latin America ◽  
Law Enforcement ◽  
Latin American ◽  
Economic Restructuring ◽  
Industrial Restructuring ◽  
Labor Standards ◽  
Labor Rights ◽  
Union Formation ◽  
Labor Movements ◽  
Enforcement Mechanisms

Abstract Despite a strengthening of collective labor rights in Latin America over the last 15 years, most labor movements in the region have lost power because neither the content nor the enforcement mechanisms associated with the labor reforms fully took into consideration the challenges presented by economic restructuring. Reforms facilitating union formation did not strengthen unions but instead increased union fragmentation. Collective bargaining structures did not respond to the exigencies of international outsourcing; and the initial round of reforms in the 1990s did not contemplate the need to strengthen labor law enforcement mechanisms at a time when heightened international competition created a need for greater state vigilance of labor standards. Recent reforms or proposed reforms hold more promise for labor, but truly union-friendly labor relations regimes require deeper changes. A review of several Latin American cases is followed by a closer examination of Brazil and El Salvador.

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