 Technology, Finance and Dependency: Latin American Radical Political Economy in RetrospectWorking Paper Series, Department of Economics, University of Utah from University of Utah, Department of Economics Abstract: 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 paper 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 evolutions of the ideas on dependency in Latin America are evaluated. The reduced relevance of strict definitions of the technological division of labor, and the theoretical problems caused by the effective industrialization of several countries in the periphery, the debt crisis, and the failure of the neoliberal agenda are also discussed. In the era of globalization and great transformations in the international economy the 'new' dependency seems to be financial in nature. Keywords: Dependency; Structuralism; Development (search for similar items in EconPapers) Published in Review of Radical Political Economics, 38(4), pp.551-568. There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it. Related works: Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text Persistent link: https://EconPapers.repec.org/RePEc:uta:papers:2004_06 Access Statistics for this paper More papers in Working Paper Series, Department of Economics, University of Utah from University of Utah, Department of Economics Contact information at EDIRC. |
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