1.

Record Nr.

UNINA9910337675603321

Autore

Ahumada José Miguel

Titolo

The Political Economy of Peripheral Growth : Chile in the Global Economy / / by José Miguel Ahumada

Pubbl/distr/stampa

Cham : , : Springer International Publishing : , : Imprint : Palgrave Macmillan, , 2019

ISBN

3-030-10743-4

Edizione

[1st ed. 2019.]

Descrizione fisica

1 online resource (253 pages)

Disciplina

338.983

330.983

Soggetti

Latin America—Economic conditions

Development economics

Economic policy

International economics

Latin American and Caribbean Economics

Development Economics

Economic Policy

International Economics

Lingua di pubblicazione

Inglese

Formato

Materiale a stampa

Livello bibliografico

Monografia

Nota di contenuto

Introduction -- The political economy of development and integration: a structuralist perspective -- Latin America since the 1990s: deindustrialization, reprimarization and policy space restrictions -- The military dictatorship and the origins of peripheral growth -- The rise and fall of peripheral growth: Chile during the 1990s -- Chile in the road to the commodity boom: deindustrialization without policy space -- Life after the commodity boom: the structure of contemporary peripheral development (2011 –2015) -- Conclusions: the mirages of the miracle.

Sommario/riassunto

This book provides a political economy perspective on Chile’s contemporary economic development, explaining the different stages of Chile’s neoliberal pattern of economic integration into the global economy from 1973 to 2015. Three key explanatory variables are considered: the evolution of business-state relations, US geopolitical



interest in the region through the waves of trade agreements, and the political impact of the dynamics of inflows and outflows of financial capital. Although Chile is typically considered to be a successful case of a free market economy, this book presents an alternative narrative of Chile’s growth through using a Latin American Structuralist political economy perspective. While it recognises the positive results in terms of growth, it also emphasises the lack of dynamic sources for long-term development, which embeds the economy into short-term booms followed by periods of stagnation.