Industrial Policy and Development Model in Ecuador. Period 2008-2020. Postcovid Perspective

Abstract

The manufacturing industry is an engine of growth, it is currently the basis of the economies of many developing countries, countries that have been moving away from dependence on the export of raw materials and base their productive structure on high-value manufactured goods. In this sense, one of the important aspects to highlight about industrial policies is that they must generate efficiency in this productive area. Therefore, the makers of the industrial policy, must seek the correct action of this policy, one of them is the adequate adoption of an economic model that allows to achieve a true integral development. In this framework, this research was developed, whose objective was to analyze the industrial policy, the development model and the performance of the manufacturing industries of Ecuador for the period 2008-2020. The research presents a theoretical and statistical analysis that allows answering the questions: What has been the development model and the industrial policy strategy designed and implemented? What have been the changes? and What has been the role played by manufacturing industries and what are their post-covid prospects? It is concluded, the model of change of the productive matrix, based on the areas of specialization such as knowledge, professionalization services, commercial, has not managed to consolidate in the last seven years, as to expect that in the medium term a profound change will be observed in the productive structure. Meanwhile, the manufacturing industries despite being an impressive engine in development due to their push on GDP and quality employment, deteriorating trends are observed in their evolution. Therefore, the process of change of the productive matrix in the search for its definitive transformation, must begin by strengthening the manufacturing industries. This is a big challenge given the pstcovid perspectives.

Keywords: Industrial Policy, Development Models, Productive Matrix, Manufacturing Industries, Ecuador.