Relevance of Structuralist and Dependency Theories in the Neoliberal Period: A Latin American Perspective

Abstract A new political economy is being constructed in Latin America, as national economies become radically restructured and transformed and new social arrangements are being created. The Latin American economies and societies are reacting to these changes and re-linking to the demands of an incr...

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Bibliographic Details
Published in:Journal of developing societies 2000, Vol.16 (1), p.49-69
Main Authors: Kay, Cristóbal, Gwynne, Robert N
Format: Article
Language:English
Subjects:
Challenges
Construction
Dependency Theory
Developing Countries
Economic Change
Economic Development
Latin America
Neoliberalism
Political Economy
Social Change
Structuralism
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Summary:Abstract A new political economy is being constructed in Latin America, as national economies become radically restructured and transformed and new social arrangements are being created. The Latin American economies and societies are reacting to these changes and re-linking to the demands of an increasingly competitive and interdependent world. Such changes are taking place within a continent of democratic governance, providing channels to challenge the new neoliberal paradigm. It is argued in this article that structuralism and dependency theory can play a fruitful part in this process of contesting and constructing an alternative development paradigm to the current dominance of the neoliberal paradigm.
ISSN:0169-796X
1745-2546
1568-5225
DOI:10.1163/156852200511987