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Neostructuralism and Heterodox Thinking in Latin America and the Caribbean in the Early Twenty-First Century

image of Neostructuralism and Heterodox Thinking in Latin America and the Caribbean in the Early Twenty-First Century
Neostructuralism delves more deeply into the issues addressed in structuralism, aiming to improve positioning in the international economy, boost productive employment creation, reduce structural heterogeneity and improve income distribution, while maintaining financial balances capable of sustaining changes in the sphere of production by means of social and State support. Far from being an insular system of thinking, neostructuralism is an open system that lends itself to dialogue with other philosophies that recognize the limitations of the dominant paradigm and object to its methodological monism. This book offers a fresh look at neostructuralism and heterodox thinking at the start of the twenty-first century. In a context shaped by the impacts of the worst economic and financial crisis since the Great Depression and by paradigmatic changes at the global level, it aims to carve out arenas for discussion between alternative lines of thinking in order to lay the foundations for a socioeconomically inclusive and environmentally sustainable model of development for the region.

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Where next for Brazilian development?

The currency and financial crises experienced by emerging economies in the second half of the 1990s seem to have put paid to the economic policy recipes known as the Washington Consensus. True, some of their ingredients survived, but only as part of new economic policy structures that were built up and put to the test in places ranging from Asia to Latin America to create the conditions for more vigorous growth that would be less vulnerable to international turbulence, especially that originating in the financial markets (see, for example, Frenkel, 2010).

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