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ECLAC: Brazil, Argentina and the Problems and Mistakes in the Latin American Structuralist Economic Theory

Author

Listed:
  • Adriano Paranaiba

    (Instituto Mises Brasil)

  • Fernando Antonio Monteiro Christoph D’Andrea

    (Oklahoma State University)

  • Samuel Fernandes Lucena Vaz-Curado

    (Universidade Federal do Sergipe)

Abstract

To a large part, Latin American economic thought is rooted in the view that the State should be the engine of economic development. The theory developed by the Latin American Structuralist School supports this view. ECLAC, a United Na-tions development commission, is the bastion of the policy agenda branch of structuralism. Despite their central role in Latin American economic policies, structuralist ideas have hardly been discussed. We trace the historical origins of this school and use the theoretical standpoint of the Austrian School of Eco-nomics to talk about its views and mistakes.

Suggested Citation

  • Adriano Paranaiba & Fernando Antonio Monteiro Christoph D’Andrea & Samuel Fernandes Lucena Vaz-Curado, 2023. "ECLAC: Brazil, Argentina and the Problems and Mistakes in the Latin American Structuralist Economic Theory," Revista de Economia Mackenzie (REM), Mackenzie Presbyterian University, Social and Applied Sciences Center, vol. 20(1), pages 203-231, january-j.
    • Handle: RePEc:aft:journl:v:20:1:2023:jan:jun:p:203-231
    DOI: 10.5935/1808-2785/rem.v20n1p.203-231
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    More about this item

    Keywords

    Latin America; Post-Keynesianism; Economic Commission for Latin America; and the Caribbean (ECLAC); Economic Policy; Marx; Austrian Economics; Economic Development.;
    All these keywords.

    JEL classification:

    • B29 - Schools of Economic Thought and Methodology - - History of Economic Thought since 1925 - - - Other
    • B53 - Schools of Economic Thought and Methodology - - Current Heterodox Approaches - - - Austrian
    • O21 - Economic Development, Innovation, Technological Change, and Growth - - Development Planning and Policy - - - Planning Models; Planning Policy
    • O25 - Economic Development, Innovation, Technological Change, and Growth - - Development Planning and Policy - - - Industrial Policy
    • O43 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - Institutions and Growth
    • O54 - Economic Development, Innovation, Technological Change, and Growth - - Economywide Country Studies - - - Latin America; Caribbean

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