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This book offers a comprehensive analysis of the key issues surrounding the rapid expansion of Latin America’s trade in manufactures. It examines the region's changing role as a provider of traditional labor and natural resource intensive manufactures, and the effects of macroeconomic policies, trade policy reforms and structural adjustment policies on the dynamic movements in comparative advantages, economies of scale, technological transfers and the globalization of industries, all of which are altering the productivity of skilled and semi-skilled labor, capital, and technological capabilities of the region’s countries. The systematic treatment of these issues makes the book indispensable for anyone interested in Latin America’s transformation in the world economy. Editor. Gheltenham, Glos.: Edward Elgar Publishing Limited, 1998