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The US Intervention, Pinochet’s Neoliberalism and the Fall of ISI in Latin America: The Domino Effect of the Failure of Collective Actions
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Conference paper
Date
2025-03-15
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DOI
https://doi.org/10.34944/y15z-6s95
Abstract
Import Substitution Industrialization (ISI) is a well-known development path historically deployed by developing countries during the era of Cold War, which promoted the economic development of those countries and undermined the global inequality. This article explores a novel perspective of the fall of ISI especially in Latin America, namely analyzing the connections between the US intervention, the neoliberalism of Pinochet, the fall of ISI and finding that the US wielded an indirect way, namely supporting the coup d’état of Gen. Pinochet in 1973 through CIA and the spillover of neoliberalism in Chile by the Chilean military junta, to contribute to the fall of ISI, the economic dissent of Latin America, via the strike to Andean Group and restored its economic hegemony over the western hemisphere and Latin America, maintaining the global inequality. This paper may fill the gap in the previous and current literatures about ISI and related research field but there are still shortcomings needed to be furtherly discussed.
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A paper presented at the 30th James A. Barnes Graduate History Conference, which took place March 14-15, 2025 in Philadelphia, PA.
Citation
Zhang, Jiuzhen. "The US Intervention, Pinochet’s Neoliberalism and the Fall of ISI in Latin America: The Domino Effect of the Failure of Collective Actions." Paper presented at 30th James A. Barnes Graduate History Conference, Philadelphia, PA, March 2025.
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