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Neostructuralism and heterodox thinking in Latin America and the Caribbean in the early twenty-first century

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Neostructuralism and heterodox thinking in Latin America and the Caribbean in the early twenty-first century

Autor institucional: NU. CEPAL Physical Description: 432 páginas. Editorial: ECLAC Date: December 2016 ECLAC symbol: LC/G.2633-P ISBN: 9789213290323


The thinking that has unilaterally dominated economic science for over five decades has recently come under intensive scrutiny and its validity and conceptual and empirical coherence are the subject of controversy. Thus the limitations of the prevailing paradigm for addressing the failures of free market economies have been laid bare.
For Latin America and the Caribbean, these failures are structural in nature, as indeed structuralism proposed in its time. Neostructuralism delves more deeply into the issues addressed in structuralism, aiming to improve positioning in the international economy, boost productive employment creation, reduce structural heterogeneity and improve income distribution, while maintaining financial balances capable of sustaining changes in the sphere of production by means of social and State support. Far from being an insular system of thinking, neostructuralism is an open system that lends itself to dialogue with other philosophies that recognize the limitations of the dominant paradigm and object to its methodological monism.
This book offers a fresh look at neostructuralism and heterodox thinking at the start of the twenty-first century. In a context shaped by the impacts of the worst economic and financial crisis since the Great Depression and by paradigmatic changes at the global level, it aims to carve out arenas for discussion between alternative lines of thinking in order to lay the foundations for a socioeconomically inclusive and environmentally sustainable model of development for the region.

Table of contents

Foreword .-- Introduction .-- Part I. Schools of economic thought and the regional context in the early twenty-first century. Chapter I: A time to reflect on opportunities for debate and dialogue between (neo)structuralism and heterodox schools of thought / Esteban Pérez Caldentey .-- Chapter II. Latin America and world economic turmoil / José Antonio Ocampo .-- Chapter III: The recent internationalization of capitalization / Luiz Gonzaga Belluzzo .-- Part II. Macroeconomics for development. Chapter IV: Neostructuralism and macroeconomics for development / Ricardo Ffrench-Davis .-- Chapter V: Macroeconomics for development in Latin America and the Caribbean: new thoughts on countercyclicality / Daniel Titelman, Esteban Pérez Caldentey .-- Chapter VI: Towards a Robinsonian interpretation of capital accumulation in Latin America / Juan Alberto Fuentes Knight .-- Part III. Structural change and production development. Chapter VII: Productivity and structural change: structuralism and its dialogue with other heterodox currents / Mario Cimoli, Gabriel Porcile .-- Chapter VIII: The macro- and microeconomics of natural-resource-based growth / Jorge Katz .-- Chapter IX: Development patterns and welfare States in Latin America / Luis Bértola .-- Part IV. The role of the State. Chapter X: Growth, employment and equality: the new role of the State / Robert Boyer .-- Chapter XI: Transformation of the State and development paradigms in Latin America / René A. Hernández .-- Chapter XII: The State, heterodoxy and the contribution of feminism / Sonia Montaño V. .-- Part V. Case studies of major economies in the region. Chapter XIII: Development and macroeconomics: reflections from the Mexican case / Juan Carlos Moreno-Brid .-- Chapter XIV: Where next for Brazilian development? / Francisco Eduardo Pires de Souza, João Carlos Ferraz .-- Chapter XV: Structural change trajectories and industrial policy approaches: a proposal based on the Argentine experience / Fernando Porta.

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