Revista Loginn ISSN WEB: 2590-7441
Formato: Electrónico / Acceso abierto / frecuencia: semestre
Revisión por pares: doble ciego
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Keywords
Latin America, integration, global value chains, developed countries, developing countries. América Latina, integración, cadenas globales de valor, países desarrollados, países en vías de desarrollo.
How to Cite
Arias-Aragonés, F. J., & Batista-Castillo, A. (2020). Reflections on the current state of integration in Latin America. Revista Loginn: Investigación Científica Y Tecnológica, 4(2). Retrieved from https://revistas.sena.edu.co/index.php/LOG/article/view/3587
Abstract
This reflection article addresses the state of integration in Latin America and the most relevant features of its insertion into the global economy. It highlights the region's over-reliance on commodities, such as those in extractive industries and the lack of valueadded industries, hooked on the upper links of global value chains. In addition, the problems of institutionality, corruption and erosion of democracy have ideologically and politically divided the countries of the region, with significant differences, with regard to the power of the State in the management of economic affairs and freedoms. It is concluded that the integration results in Latin America are quite discouraging, debating between open regionalism, post-liberal regionalism and strategic regionalism. Given this, integration needs to be relaunched to energize economies, combat poverty and strengthen institutionality and democracy.
References
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Prebisch, R. (1967). Hacia una dinámica del desarrollo latinoamericano (Vol. 2). Ediciones de la Banda Oriental.
Prebisch, R., & Cabañas, G. M. (1949). El desarrollo económico de la América Latina y algunos de sus principales problemas. El trimestre económico, 16(63 (3), 347-431.
Rodrik, D. (1994). King Kong Meets Godzilla: The World Bank and the East Asian Miracle (No. 944). CEPR Discussion Papers.
Stiglitz, J. E. (1996). Some lessons from the East Asian miracle. The world Bank research observer, 11(2), 151-177.
Stiglitz, J. E., & Yusuf, S. (2001). Rethinking the East Asian Miracle. The World Bank.
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