Abstract
In addition to the main three countries in Latin America, two scholars of JMNESG visited the Republic of Chile in 2002. Before the 1960s, Chile was considered one of the ABC developing countries: A stands for Argentina, B for Brazil, and C for Chile. A and B, however, have worked closely together to realize the outstanding economic cooperation treaty, MERCOSUR. The automobile treaty and safeguard measures were agreed between the two countries. Chile entered into a Free Trade Agreement (FTA) with the United States, so that she was away from A and B and went her own way to strengthen the relationship with NAFTA countries. The Chilean economy stabilized, showing foreign currency reserves at the end of 2005 amounting to US$16.96 billion that was a 5.9 percent increase compared with the previous yeas. The average unemployment rate in Chile was eight percent in 2005 and the rate has been the lowest among ABC since 2000. There has been no automobile assembler in Chile, and this fact allowed the country to enter into the FTA, while the economy is characterized by primary industry such as agriculture, fishery, and copper mining.
Access this chapter
Tax calculation will be finalised at checkout
Purchases are for personal use only
Preview
Unable to display preview. Download preview PDF.
Notes
See Hall, E.T. (1976) Beyond Culture, Anchor Books, A Division of Random House, Inc., pp. 117–119.
See Yamazaki, K. (2012) Japanese Global Management—Theory and Practice at Overseas Subsidiaries, Tokyo: Palgrave-Macmillan, pp. 178–183.
Editor information
Editors and Affiliations
Copyright information
© 2013 Katsuo Yamazaki
About this chapter
Cite this chapter
Yamazaki, K. (2013). Free Trade Zones and Corporate Strategies in Latin America. In: Yamazaki, K., Juhn, W., Abo, T. (eds) Hybrid Factories in Latin America. Palgrave Macmillan, London. https://doi.org/10.1057/9781137287007_16
Download citation
DOI: https://doi.org/10.1057/9781137287007_16
Publisher Name: Palgrave Macmillan, London
Print ISBN: 978-1-349-33155-0
Online ISBN: 978-1-137-28700-7
eBook Packages: Palgrave Business & Management CollectionBusiness and Management (R0)