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Capital accumulation in the center and the periphery along the neoliberal period: A comparative analysis of the United States, Spain and Brazil

Juan Pablo Mateo ()
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Juan Pablo Mateo: Department of Economics, New School for Social Research and University of Valladolid

No 1723, Working Papers from New School for Social Research, Department of Economics

Abstract: This paper presents a comparative analysis of the process of capital accumulation in three economies, US, Spain and Brazil, between 1990 and 2014. The objective is to analyze the peculiarities existing in these cases, corresponding to the main contemporary economy (US), a developed one, but with a peripheral integration into a more developed area, such as the Euroarea (Spain), and a semiperipheral economy (Brazil); and in a period in which, specially for both Spain and Brazil, a neoliberal turn is carried out, and achieving certain monetary stalibity that ultimately affect the macroeconomic performance.

Keywords: Capital accumulation; productivity; profit rate; underdevelopment (search for similar items in EconPapers)
JEL-codes: E11 E22 F00 O47 O5 (search for similar items in EconPapers)
New Economics Papers: this item is included in nep-his, nep-hme and nep-mac
Date: 2017-07
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http://www.economicpolicyresearch.org/econ/2017/NSSR_WP_232017.pdf First version, 2017 (application/pdf)

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