Economic Paradigms and Latin American Development Theory: The Search for Nirvana
Genre
Journal articleDate
2006Author
Porrata-Doria, Rafael A., Jr.Permanent link to this record
http://hdl.handle.net/20.500.12613/6327
Metadata
Show full item recordDOI
https://doi.org/10.15779/Z38095HAbstract
The pursuit of the optimal, economic development paradigm in Latin America has proved to be as elusive as the search for nirvana. This paper will describe and put into context the major theories of economic development that have served as the basis for Latin American trade policy, both in the United States and Latin America. I will do so by first analyzing the modem theory of economic andpolitical development articulated by Walt Rostow and others. I will then examinethe theory of import substitution principally put forth by Ratil Prebisch and the United Nations Economic Commission for Latin America. Thirdly, I will consider the neo-liberal economic development theory first articulated by the University of Chicago-trained economists who served in the Chilean government led by General Augusto Pinochet. I will then conclude with a number of observations regarding the analysis and applicability of these paradigms to the Latin American context.Citation
Rafael A. Porrata-Doria, Jr., Economic Paradigms and Latin American Development Theory: The Search for Nirvana, 17 Berkeley La Raza L.J. 51 (2006). Available at: https://lawcat.berkeley.edu/record/1120483Citation to related work
Berkeley Law Scholarship Repository © 2017Has part
Berkeley La Raza Law Journal, Vol. 17, Iss. 1ADA compliance
For Americans with Disabilities Act (ADA) accommodation, including help with reading this content, please contact scholarshare@temple.eduae974a485f413a2113503eed53cd6c53
http://dx.doi.org/10.34944/dspace/6309