Technology, Finance, and Dependency: Latin American Radical Political Economy in Retrospect

  title={Technology, Finance, and Dependency: Latin American Radical Political Economy in Retrospect},
  author={Mat{\'i}as Vernengo},
  journal={Review of Radical Political Economics},
  pages={551 - 568}
  • M. Vernengo
  • Published 1 December 2006
  • Economics
  • Review of Radical Political Economics
The surge in academic work on globalization has made several of the topics dear to authors of the dependency school relevant once again. Therefore, a reconsideration of dependency theory seems to be appropriate. There are at least two approaches to dependency. This article analyzes critically their similarities, differences, and limitations, in particular regarding the role of technology and international finance in the explanation of center and periphery interactions. The evolution of the… 

Financing Development in the Financial Globalization: Revisiting Old Challenges in a New Context

The growth in the international financial markets during the past decades produced several transformations of the world economy. In Latin America, these changes have been reflected in the increase in

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Post-Crisis Capital Controls in Developing and Emerging Countries: Regaining Policy Space? A Historical Materialist Engagement

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  • Economics
    Review of Radical Political Economics
  • 2019
Recent political economy scholarship has interpreted the recent resurgence of capital controls across the Global South as attempts by some developing countries to preserve their policy space to

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This essay aims at providing a novel analytical framework based on the concept of "duality" as proposed by the Brazilian economist Ignacio Rangel. In this portrayal, neoliberal policies are the

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Despite a varied picture in terms of their relative economic strength, Developing and Emerging Economies (DEEs) remain in a subordinate position in the global monetary and financial system. While the

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  • 1979
In order to analyze Brazil's recent accumulation of capital in the light of its continued dependence, Peter Evans focuses on the relationships among multinational corporations, local private

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Carlos Marichal contends that the boom-and-bust cycles of Latin American foreign loans result mainly from the fluctuations of the world economy, rather than from errors made in Latin America itself.

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Policy makers in the developing world are grappling with new dilemmas created by openness to trade and capital flows. What role, if any, remains for the state in promoting industrialization? Does

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The appearance of systematic barriers to economic advance in the course of capitalist expansion—the “development of under-development”—has posed difficult problems for Marxist theory. There has

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After the end of World War II, the United States, by far the dominant economic and military power at that time, joined with the surviving capitalist democracies to create an unprecedented

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This book is the eagerly awaited successor to Robert Gilpin's 1987 The Political Economy of International Relations, the classic statement of the field of international political economy that

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Recent emphasis on chartalism is an important extension of the monetary theory within Post Keynesian analysis. However, chartalism as the main interpretation for the existence of money has some