Session Submission Summary

Modes of development, socio-economic and political sustainability in Latin America II

Sun, April 30, 12:00 to 1:45pm, TBA

Session Submission Type: Panel

Abstract

Most of the studies on the main countries in Latin America and Asia have noticed since the turn of the century an impressive growth of the economies of both continents. This growth has been, for the first time since ISI (1940’s to end of 1970’s), accompanied in Latin America by a diminution of the great inequality that has characterized this continent due to both a voluntaristic effort of redistribution and the effects of economic growth. In fact one of the characteristics of the mode of development adopted by many of the countries of Latin America (Brazil, Argentina, Peru, Bolivia, among others) was to redistribute in order to enlarge the internal market and impulse growth; a wage led growth. The present economic and (in some countries) also political crisis poses the question of the sustainability of the growth mode and of the economic policies followed by these countries, and of the sustainability of the gains in terms of the reduced inequality and the growth of the middle classes.
In this panel we will discuss and compare the sustainability of the modes of development that some of the countries of Latin America adopted during the last decade. In part 2 we will discuss the socio-political sustainability of the modes of development.

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