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100 1 _aHIRA, Anil
_94824
245 1 0 _aDid ISI fail and is neoliberalism the answer for Latin America? Re-assessing commo wisdom regarding economic policies in the region
260 _aSão Paulo :
_bEditora 34,
_cjul. /set. 2007
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
942 _cS
998 _a20071128
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_cMariana
998 _a20140204
_b1059^b
_ckarina
999 _aConvertido do Formato PHL
_bPHL2MARC21 1.1
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_d25105
041 _aeng