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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Transformation of the State and development paradigms in Latin America

This essay outlines the relation between the challenges involved in transforming the state and the evolution of the different development paradigms and strategies that have been applied in Latin America. It attempts to demystify the false dilemma of conceptions that view the function of the state and the role of the market in economic activity as mutually exclusive. In particular, the aim is to clarify whether any development paradigm and related strategy involves deciding on and adopting a position on the limits of the state and public policy, as suggested by O’Donnell (2008a). A further aim is to revive an element in Prebisch’s cosmovision that seems to be essential for our times, and particularly for Latin America: his balanced view of interventionist measures and respect for the market, along with his high level of pragmatism, always focused on the need to keep a close watch on the changing international order or world development in general.

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