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Geopolitics and Development in Petty, Hamilton and List

Author

Listed:
  • Raphael Padula
  • José Luís Fiori

Abstract

This paper argues that the views of Petty, Hamilton, and List, considered the "external threat" matter of countries a fundamental dimension of their economic development, and therefore thought national economies not only in terms of economic progress, but also as an instrument for political independence, military sovereignty and national security. Thus, the "external threat" is used to prioritize strategic objectives and direct the productive structure and the generation of income to certain sectors considered more relevant. Finally, it is argued that this conception is absent in Latin American thought and originates the discipline of International Political Economy. JEL Classification: F59; F52; B12.

Suggested Citation

  • Raphael Padula & José Luís Fiori, 2019. "Geopolitics and Development in Petty, Hamilton and List," Brazilian Journal of Political Economy, Center of Political Economy, vol. 39(2), pages 236-252.
    • Handle: RePEc:ekm:repojs:v:39:y:2019:i:2:p:236-252:id:34
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    File URL: https://centrodeeconomiapolitica.org.br/repojs/index.php/journal/article/view/34/29
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    More about this item

    Keywords

    International Political Economy; Development; Security; Economic Nationalism;
    All these keywords.

    JEL classification:

    • F59 - International Economics - - International Relations, National Security, and International Political Economy - - - Other
    • F52 - International Economics - - International Relations, National Security, and International Political Economy - - - National Security; Economic Nationalism
    • B12 - Schools of Economic Thought and Methodology - - History of Economic Thought through 1925 - - - Classical (includes Adam Smith)

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