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008 | 071128s2007 bl ||||gr |0|| 0 eng d | ||
100 | 1 |
_aHIRA, Anil _94824 |
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245 | 1 | 0 | _aDid ISI fail and is neoliberalism the answer for Latin America? Re-assessing commo wisdom regarding economic policies in the region |
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_aSão Paulo : _bEditora 34, _cjul. /set. 2007 |
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520 | 3 | _aThe second phase of Import Substituting Industrialization, commonly known as ISI2, involved the move in Latin America to heavy industrialization, from around 1950-80. This period of economic history has been reviled on both the Left and the Right as being one of either heightened dependency or one demonstrating the clear failure of state intervention in the economy. In this research note, I use a basic statistical analysis to back up other descriptive claims that the ISI2 period was rather one of mixed success, with macroeconomic volatility accompanying great progress in GDP and manufacturing growth. In a sense, the ISI2 period succeeded in industrializing the large economies of the period, and contrasts favorably with the record of the succeeding paradigm of neoliberalism. This research note seeks to raise questions about the way we look at the historical period of ISI2, and suggests that a more open-minded perspective could lead to a more effective and sustainable political economy paradigm for the region in the future | |
590 | _av. 27 n. 3 (107) | ||
773 | 0 | 8 |
_tRevista de Economia Política = Brazilian Journal of Political Economy _g27, 3 , p. 345-356 _dSão Paulo : Editora 34, jul. /set. 2007 _xISSN 01013157 _w |
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_aConvertido do Formato PHL _bPHL2MARC21 1.1 _c25105 _d25105 |
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