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The Political Economy of Peripheral Growth : Chile in the Global Economy - 2019 ed.

By: (Author) Jose Miguel Ahumada

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Ksh 16,200.00

Format: Hardback or Cased Book

ISBN-10: 3030107426

ISBN-13: 9783030107420

Edition: 2019 ed.

Publisher: Springer Nature Switzerland AG

Imprint: Springer Nature Switzerland AG

Country of Manufacture: CH

Country of Publication: GB

Publication Date: Apr 4th, 2019

Print length: 253 Pages

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This book provides a political economy perspective on Chile’s contemporary economic development, explaining the different stages of Chile’s neoliberal pattern of economic integration into the global economy from 1973 to 2015.

This book provides a political economy perspective on Chile''s contemporary economic development, explaining the different stages of Chile''s neoliberal pattern of economic integration into the global economy from 1973 to 2015. Three key explanatory variables are considered: the evolution of business-state relations, US geopolitical interest in the region through the waves of trade agreements, and the political impact of the dynamics of inflows and outflows of financial capital. Although Chile is typically considered to be a successful case of a free market economy, this book presents an alternative narrative of Chile''s growth through using a Latin American Structuralist political economy perspective. While it recognises the positive results in terms of growth, it also emphasises the lack of dynamic sources for long-term development, which embeds the economy into short-term booms followed by periods of stagnation.


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