The Uruguayan Textile Industry: Concentration of Capital and Regional Articulation, 1900-1960
In the history of the Uruguayan textile industry two characteristic stands out: the concentration and cen-tralization of capital and the important participation of capital investment from Argentina. The Uruguayan textile industry started in the early XXth century based on the production of woven fab...
Guardado en:
| Autor principal: | |
|---|---|
| Formato: | Artículo publishedVersion |
| Lenguaje: | Español |
| Publicado: |
Centro de Estudios de Historia Económica Argentina y Latinoamericana (CEHEAL)
2013
|
| Materias: | |
| Acceso en línea: | https://ojs.economicas.uba.ar/H-ind/article/view/441 https://repositoriouba.sisbi.uba.ar/gsdl/cgi-bin/library.cgi?a=d&c=hindus&d=441_oai |
| Aporte de: |
| Sumario: | In the history of the Uruguayan textile industry two characteristic stands out: the concentration and cen-tralization of capital and the important participation of capital investment from Argentina. The Uruguayan textile industry started in the early XXth century based on the production of woven fabric and wool spinning mill (tops). From the years of the 1929’s crisis onwards, it went through a great expan-sion due to a protectionist policy based on favourable exchange rates. Those were the times of the Import Substitutive Industrialization (ISI) in the country. After the Second World War and, particularly, during the fifties it reached its height with the production of cotton fabrics and synthetic fibers. Meanwhile, wool ex-ports would grow strongly. However, in the late fifties, the ISI strategy was in trouble and the obstacles for export’s growth and the economic stagnation together with the removal of the protectionist’s policies put an end to the textile industry development. As a consequence, it experienced a deep crisis and lost impor-tance both for the industry and for the economy as a whole. |
|---|