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Local Groups and the Accumulation of Capital in the Consumer Electronics Sector in Argentina (2003-2014)


In a context of the foreignization of many of the largest Argentinian businesses, a number of comparatively smaller local business groups related to the production or commercialization of consumer electronics have obtained high rates of growth since 2003. The objective of this article is to explain this phenomenon by means of the concept of “privileged areas of accumulation”. Using reports from different business associations and the memories of selected groups, as well as macro and mesoeconomic information, this article shows the main characteristics of this privileged area of accumulation, illustrating how the business groups adapted their productive
and financial dynamics in order to benefit from it and demonstrating its decisive importance for the profitability of these groups.


industrial structure and structural change, transnational enterprises, foreign investment, electronic industry

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Author Biography

Joel Rabinovich

PhD Candidate CEPN (Centre d'économie de Paris Nord) Université Paris 13 - Nord Sorbonne Paris Cité



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