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This is because the trend in that market is to compete through price, but as well through a package based on different call plans which over time are difficult to compare and thus would be able to easily by-pass any price cap regime. In part, this rising administrative intensity shows the increasing importance of knowledge-based workers and the outsourcing of manual labor. In most of the cases, the shares of manufactures in GDP and exports have declined over the last two decades, in favor of agriculture (Argentina) or mining/oil (Venezuela).

Pages: 208

Publisher: Wiley; 1 edition (December 8, 1998)

ISBN: 0471984388

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