Dependency and Development in Latin America
Dependency and Development in Latin America

Author: Fernando Henrique Cardoso

Publisher: Univ of California Press

Published: 1979-03-19

Total Pages: 260

ISBN-13: 9780520035270

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At the end of World War II, several Latin American countries seemed to be ready for industrialization and self-sustaining economic growth. Instead, they found that they had exchanged old forms of political and economic dependence for a new kind of dependency on the international capitalism of multinational corporations. In the much-acclaimed original Spanish edition (Dependencia y Desarrollo en América Latina) and now in the expanded and revised English version, Cardoso and Faletto offer a sophisticated analysis of the economic development of Latin America. The economic dependency of Latin America stems not merely from the domination of the world market over internal national and “enclave” economies, but also from the much more complex interact ion of economic drives, political structures, social movements, and historically conditioned alliances. While heeding the unique histories of individual nations, the authors discern four general stages in Latin America's economic development: the early outward expansion of newly independent nations, the political emergence of the middle sector, the formation of internal markets in response to population growth, and the new dependence on international markets. In a postscript for this edition, Cardoso and Faletto examine the political, social and economic changes of the past ten years in light of their original hypotheses.

Cardoso and Faletto's "Dependency and Development in Latin America" - A Bolivian Perspective
Cardoso and Faletto's

Author: Nora Anton

Publisher: GRIN Verlag

Published: 2008-05

Total Pages: 25

ISBN-13: 363893795X

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Seminar paper from the year 2006 in the subject Politics - International Politics - Region: Middle- and South America, grade: 2,0, University of Münster (Politikwissenschaft), 14 entries in the bibliography, language: English, abstract: "Dependence is dead, long live dependence and the class struggle" thus the title of an article by the dependency theorist André Gunder Frank, published in 1974 in Latin American Perspectives. Indeed, it has often been stated that dependency theory has lost its significance in explaining underdevelopment and has thus been "relegated to footnote status in the field of development studies". Yet, in recent years, a lot of scholars have attempted to refute this statement, claiming that dependency theory still has its use in development studies, even though they have identified a number of flaws. Emerging in parallel with other development theories in the 1950s, dependency theory mainly focuses on Latin America, the most important authors being Prebisch, Furtado, dos Santos, Frank and finally Cardoso and Faletto, whose theory this paper concentrates on. Most of the different approaches within dependency theory share several Marxist core assumptions, such as the construction of base (means and relations of production) and superstructure (the political, cultural and social consequences of these means and relations of production). On the international level, all politics, whether external or domestic, takes place within the framework of the capitalist world economy which determines the behavior of actors as well as patterns of interaction between them. In this paper, the question of whether dependency theory as presented by Fernando Henrique Cardoso and Enzo Faletto is still useful in explaining underdevelopment will be examined considering as example the events occurring in a typical example of an underdeveloped Latin American economy - Bolivia. The election of the left-wing populist Evo Morales potentially represents a paradigm shift for on

Dependent Capitalisms in Contemporary Latin America and Europe
Dependent Capitalisms in Contemporary Latin America and Europe

Author: Aldo Madariaga

Publisher: Springer Nature

Published: 2021-08-02

Total Pages: 282

ISBN-13: 3030713156

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This book contributes to the current revival of dependency approaches for the analysis of global capitalism. Reflecting on contemporary uses of the “Dependency Research Program” (DRP) and a refined analytical toolkit, it makes two distinctive contributions to this revival: the analysis of new “situations of dependency”, and the understanding of the “mechanisms of dependency”. The individual chapters draw from a wide range of cases and data from Latin America and Europe and imbricate concepts and ideas from the DRP with those of other approaches, from post-Keynesian economics to structural economics, institutional economics, regulation theory, comparative capitalisms, business politics, economic geography and critical finance studies, providing a rich array of possibilities for virtuous inter-disciplinary cross-fertilization. This volume is a valuable contribution for those interested in understanding how global capitalism works in Latin America, Europe and beyond.

The Cambridge History of Capitalism
The Cambridge History of Capitalism

Author: Larry Neal

Publisher: Cambridge University Press

Published: 2014-01-23

Total Pages: 628

ISBN-13: 9781107019638

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The first volume of The Cambridge History of Capitalism provides a comprehensive account of the evolution of capitalism from its earliest beginnings. Starting with its distant origins in ancient Babylon, successive chapters trace progression up to the 'Promised Land' of capitalism in America. Adopting a wide geographical coverage and comparative perspective, the international team of authors discuss the contributions of Greek, Roman, and Asian civilizations to the development of capitalism, as well as the Chinese, Indian and Arab empires. They determine what features of modern capitalism were present at each time and place, and why the various precursors of capitalism did not survive. Looking at the eventual success of medieval Europe and the examples of city-states in northern Italy and the Low Countries, the authors address how British mercantilism led to European imitations and American successes, and ultimately, how capitalism became global.

Dependency, Neoliberalism and Globalization in Latin America
Dependency, Neoliberalism and Globalization in Latin America

Author: Carlos Eduardo Martins

Publisher: BRILL

Published: 2019-12-09

Total Pages: 375

ISBN-13: 9004415548

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The Marxist Theory of Dependency (TMD) managed to articulate the insertion of peripheral societies into the international market with the capital accumulation processes of each country. It has become an essential theory for the understanding of our societies. Since Ruy Mauro Marini laid out its foundations, many transformations have occurred in global capitalism and in our societies, leaving us the challenge of updating it against a more complex context. The real test of theory is its adequacy as an instrument of understanding contemporary reality. The TMD has been enriched and renewed from this work of Carlos Eduardo Martins. It considers capitalism from the perspective of anti-capitalism, dependence from the standpoint of emancipation and reality through a vision for its revolutionary transformation. Emir Sader - CLACSO General Secretary (2006-2012) This book is a revised edition of a work first published in 2011 as Globalização, dependência e neoliberalismo na América Latina by Boitempo Editorial, São Paulo, Brazil. La teoría marxista de la dependencia (TMD) logró articular la inserción de las sociedades periféricas en el mercado internacional con los procesos de acumulación de capital de cada país. Se ha convertido en una teoría esencial para la comprensión de nuestras sociedades. Desde que Ruy Mauro Marini expuso sus fundamentos, muchas transformaciones ocurrieron en el capitalismo global y en nuestras sociedades, poniendo el desafío de actualización en condiciones más complejas La prueba real de la teoría es su adecuación como instrumento de comprensión de la realidad contemporánea. La TMD sale enriquecida y renovada de esta obra de Carlos Eduardo Martins dedicada a pensar el capitalismo bajo la perspectiva del anticapitalismo, la dependencia en la óptica de la emancipación y la realidad en la perspectiva de su transformación revolucionaria. Emir Sader - Secretario General CLACSO (2006-2012)

Latin American Theories of Development and Underdevelopment
Latin American Theories of Development and Underdevelopment

Author: Cristóbal Kay

Publisher: Routledge

Published: 2010-11-26

Total Pages: 577

ISBN-13: 1136856293

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Upon its publication in 1989, this was the first systematic and comprehensive analysis of the Latin American School of Development and an invaluable guide to the major Third World contribution to development theory. The four major strands in the work of Latin American Theorists are: structuralism, internal colonialism, marginality and dependency. Exploring all four in detail, and the interconnections between them, Cristobal Kay highlights the developed world’s over-reliance on, and partial knowledge of, dependency theory in its approach to development issues, and analyses the first major challenges to neo-classical and modernisation theories from the Third World.

The World That Latin America Created
The World That Latin America Created

Author: Margarita Fajardo

Publisher: Harvard University Press

Published: 2022-02-08

Total Pages: 297

ISBN-13: 0674270029

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How a group of intellectuals and policymakers transformed development economics and gave Latin America a new position in the world. After the Second World War demolished the old order, a group of economists and policymakers from across Latin America imagined a new global economy and launched an intellectual movement that would eventually capture the world. They charged that the systems of trade and finance that bound the world’s nations together were frustrating the economic prospects of Latin America and other regions of the world. Through the UN Economic Commission for Latin America, or CEPAL, the Spanish and Portuguese acronym, cepalinos challenged the orthodoxies of development theory and policy. Simultaneously, they demanded more not less trade, more not less aid, and offered a development agenda to transform both the developed and the developing world. Eventually, cepalinos established their own form of hegemony, outpacing the United States and the International Monetary Fund as the agenda setters for a region traditionally held under the orbit of Washington and its institutions. By doing so, cepalinos reshaped both regional and international governance and set an intellectual agenda that still resonates today. Drawing on unexplored sources from the Americas and Europe, Margarita Fajardo retells the history of dependency theory, revealing the diversity of an often-oversimplified movement and the fraught relationship between cepalinos, their dependentista critics, and the regional and global Left. By examining the political ventures of dependentistas and cepalinos, The World That Latin America Created is a story of ideas that brought about real change.

Dependency in the Twenty-First Century?
Dependency in the Twenty-First Century?

Author: Barbara Stallings

Publisher: Cambridge University Press

Published: 2020-02-06

Total Pages:

ISBN-13: 1108892329

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The way external forces influence political and economic outcomes in developing countries is an ongoing concern of scholars and policymakers. In the 1970s and 1980s, dependency analysis was a popular way of approaching this topic, but it later fell into disrepute. This Element argues that it may be useful to revamp dependency to interpret China's new relationships with developing countries, including Latin America. Economic links with China have become important determinants of the region's development. Stallings discusses the dependency debates, reviews the way dependency operated in the US-Latin American case, and analyzes the growing Chinese presence within a dependency framework.