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Business Groups and Transnational Capitalism in Central America

Part of the International Political Economy Series Book Series

DOI: 10.1057/9781137359407

ISBN: 978-1-349-47152-2

Publisher: Palgrave Macmillan UK - Springer Journals

Dec 1, 2015

1 - 9 of 9 Chapters

LitStream

Chapter 1Introduction: The Emergence and Evolution of Business Groups in Central America

Bull, Benedicte; Castellacci, Fulvio; Kasahara, Yuri

Pages: 1 –21

[Central America as a region has made world headlines mainly due to civil wars, insurgencies, and, more recently, drug-trafficking and youth gang violence. Central American enterprises are only rarely studied; even less so are the Central American conglomerates and business groups that, albeit...
LitStream

Chapter 2Between Hierarchies and Networks: Understanding Business Group Strategies in a Global Capitalism

Bull, Benedicte; Castellacci, Fulvio; Kasahara, Yuri

Pages: 22 –38

[As argued in Chapter 1, in Central America the debate about what economic development model to pursue and what role big business and MNCs have in that tends to be polarized between those who argue for focusing on integration in a global economy and reducing barriers to investment, and those who...
LitStream

Chapter 3Regional Shifts and National Trajectories: Differences in the Context and Strategies of Business Groups

Bull, Benedicte; Castellacci, Fulvio; Kasahara, Yuri

Pages: 39 –72

[In this chapter we present an analysis of the 67 principal diversified business groups in Central America. The aim is to advance towards the hypotheses that were discussed in Chapter 2 in relation to the strategies that DBGs in the region are adopting in order to face the increasing competition...
LitStream

Chapter 4From Oligarchs to Transnational Business Group Leaders? The Shifting Strategies of Key Business Groups

Bull, Benedicte; Castellacci, Fulvio; Kasahara, Yuri

Pages: 73 –93

[In this chapter, we will give a face to the individual groups in our study, each of which presents a different pattern of internationalization and diversification. They are also among the strongest and most emblematic in the different national contexts. We follow the evolution of the groups from...
LitStream

Chapter 5Internationalization and the Export Performance of the Central American Business Groups

Bull, Benedicte; Castellacci, Fulvio; Kasahara, Yuri

Pages: 94 –114

[In Chapters 3 and 4 we were concerned with describing the principal strategies of the Central American business groups in terms of sector shifts, alliance formation, and international expansion. In this and the following chapter we will approach the question of the development impact of those...
LitStream

Chapter 6Central American Business Groups, Innovation, and Institutional Conditions

Bull, Benedicte; Castellacci, Fulvio; Kasahara, Yuri

Pages: 115 –137

[This chapter focuses on an important dimension of business groups’ strategies that has so far received only limited attention: their technological innovation activities. This dimension is indeed relevant to an understanding of the dynamics of the business sector in Central American countries. In...
LitStream

Chapter 7The Role of the State: Government Financial Policies and Business Group Strategies

Bull, Benedicte; Castellacci, Fulvio; Kasahara, Yuri

Pages: 138 –159

[It is increasingly recognized that if we are to understand how DBGs react to liberalization and a more open economy, we also have to understand how the groups co-evolve with their institutional settings and national policies. In this chapter we will analyze how business groups in Central America...
LitStream

Chapter 8Between the Back and the Front Stage: The Political Strategies of Central American Business Groups

Bull, Benedicte; Castellacci, Fulvio; Kasahara, Yuri

Pages: 160 –186

[As we have seen so far, Central American DBGs have been relatively successful in adapting their business strategies to a more liberalized and globally integrated economy. However, to look only at market strategies is to neglect important non-market strategies that have been intensively employed...
LitStream

Chapter 9Conclusion

Bull, Benedicte; Castellacci, Fulvio; Kasahara, Yuri

Pages: 187 –196

[Central America is currently undergoing a profound transformation. The old ‘dessert economies’ based on the export of coffee, sugar, and bananas are increasingly overtaken by the services, commerce, and construction sectors. Where formerly the owners of the country’s wealth were easily definable...

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