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Buen Vivir vs Development (II): The Limits of (Neo-)Extractivism

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  • Villalba-Eguiluz, C. Unai
  • Etxano, Iker

Abstract

Like the entire Andean region, Ecuador has an economic structure that is dependent on primary exports. During the last boom in commodity prices the (neo-)extractivist development strategy generated economic growth and simultaneously reduced inequality. However, this bonanza was not used to advance in economic diversification or for transition towards Buen Vivir (Sumak Kawsay –Good Living) as postulated in the Constitution and the National Development Plans. We establish that (neo-)extractivism is not compatible with Buen Vivir, analysing three concrete aspects to this end: the failure to fulfill the rights of nature and ecological sustainability; the lack of advances in transforming the productive matrix; insufficient results in matters of redistributive social policies.

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  • Villalba-Eguiluz, C. Unai & Etxano, Iker, 2017. "Buen Vivir vs Development (II): The Limits of (Neo-)Extractivism," Ecological Economics, Elsevier, vol. 138(C), pages 1-11.
    • Handle: RePEc:eee:ecolec:v:138:y:2017:i:c:p:1-11
    DOI: 10.1016/j.ecolecon.2017.03.010
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    Cited by:

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    2. Romel Ramón González-Díaz & Ángel Acevedo-Duque & Guido Salazar-Sepúlveda & Dante Castillo, 2021. "Contributions of Subjective Well-Being and Good Living to the Contemporary Development of the Notion of Sustainable Human Development," Sustainability, MDPI, vol. 13(6), pages 1-17, March.
    3. Mero-Figueroa, Marina & Galdeano-Gómez, Emilio & Piedra-Muñoz, Laura & Obaco, Moisés, 2020. "Measuring well-being: A Buen Vivir (living well) indicator for Ecuador," MPRA Paper 119912, University Library of Munich, Germany.
    4. Adam Burke, 2021. "The Crossroads of Ecotourism Dependency, Food Security and a Global Pandemic in Galápagos, Ecuador," Sustainability, MDPI, vol. 13(23), pages 1-18, November.
    5. Balaine, Lorraine & Gallai, Nicola & Del Corso, Jean-Pierre & Kephaliacos, Charilaos, 2020. "Trading off environmental goods for compensations: Insights from traditional and deliberative valuation methods in the Ecuadorian Amazon," Ecosystem Services, Elsevier, vol. 43(C).
    6. Marina Mero-Figueroa & Emilio Galdeano-Gómez & Laura Piedra-Muñoz & Moisés Obaco, 2020. "Measuring Well-Being: A Buen Vivir (Living Well) Indicator for Ecuador," Social Indicators Research: An International and Interdisciplinary Journal for Quality-of-Life Measurement, Springer, vol. 152(1), pages 265-287, November.
    7. Latorre, Sara & Malo-Larrea, Antonio, 2019. "Policy-making Related Actors' Understandings About Nature-society Relationship: Beyond Modern Ontologies? The Case of Cuenca, Ecuador," Ecological Economics, Elsevier, vol. 156(C), pages 387-396.
    8. Bryan W. Husted, 2021. "Buen Vivir: A Path to Reimagining Corporate Social Responsibility in Mexico after COVID-19," Sustainability, MDPI, vol. 13(11), pages 1-16, June.
    9. Icaza-Alvarez, Daniel & Jurado, Francisco & Tostado-Véliz, Marcos & Arevalo, Paúl, 2022. "Decarbonization of the Galapagos Islands. Proposal to transform the energy system into 100% renewable by 2050," Renewable Energy, Elsevier, vol. 189(C), pages 199-220.
    10. Unai Villalba-Eguiluz & Asier Arcos-Alonso & Juan Carlos Pérez de Mendiguren & Leticia Urretabizkaia, 2020. "Social and Solidarity Economy in Ecuador: Fostering an Alternative Development Model?," Sustainability, MDPI, vol. 12(17), pages 1-17, August.

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