Neoliberalism in Latin America

David Ibarra ()

Brazilian Journal of Political Economy, 2011, vol. 31, issue 2, 238-248

Abstract: Neoliberalism in Latin America. Neoliberalism and globalization had decisive influence in shaping public policies both internal and foreign in Latin-America. Less state, trade and market freedoms, social goals subordinated to economic criteria, are part and parcel of the neoliberal utopia. Price stability was erected as the main social objective; import substitution resulted replaced by exports as the main source of growth. The neoliberal net results as applied to Latin-America are: less growth, deindustrialization, income concentration and precarious employments. Therefore, countries public policies should try to gain autonomy to use jointly markets and public intervention in a constructive and innovative fashion. JEL Classification: F02; F43; O54.

Keywords: neoliberalism; globalisation (search for similar items in EconPapers)
Date: 2011
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