Sectoral business promotion institutes: a comparison of INYM and INV from an alternative theoretical framework

Abstract

The objective of this paper is to analyze two institutions devoted to enhace sectorial competitivity using the perspective of Social Market Economy (SME). By contrasting
the functions of the Instituto Nacional de la Vitivinicultura (INV) and the Instituto Nacional de la Yerba Mate (INYM) with structural and regulatory principles of SME it is observed that they are very different cases taking into account that INV promotes sectorial competitivity in a compatible way with the SME visión but INYM has functions that are incompatible with the SME (i.e. policies that restrains economic freedom and generate the need of continuos interventions in order to palliate the negative colateral effects).