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- Neostructuralism and Heterodox Thinking in Latin America and the Caribbean in the Early Twenty-First Century
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Towards a Robinsonian interpretation of capital accumulation in Latin America
- Author: Juan Alberto Fuentes Knight
- Main Title: Neostructuralism and Heterodox Thinking in Latin America and the Caribbean in the Early Twenty-First Century , pp 167-202
- Publication Date: August 2016
- DOI: https://doi.org/10.18356/e715e979-en
- Language: English Spanish
The implementation of countercyclical macroeconomic policies in many countries of Latin America in response to the international financial crisis of 2008-2009 (ECLAC, 2012) coincided with something of a revival in short-term Keynesian macroeconomic policies, but this did not extend to the adoption of policies informed by long-term Keynesian or post-Keynesian thinking. This is particularly evident in the case of Joan Robinson’s contributions. The lack of mathematical formalization in the original model put forward by Robinson has, along with the sheer diversity of the formalizations proposed by numerous academics, been regarded as one of its weaknesses (Skott, 2004) or one of the factors militating against its use (Backhouse, 2003).
© United Nations
ISBN (PDF):
9789210575348
Book DOI:
https://doi.org/10.18356/5bbd9590-en
Related Subject(s):
Economic and Social Development
Sustainable Development Goals:
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