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Structural Change in the 21st Century and the Center-Periphery Relationship: Opportunities and Constraints for Latin America

Author

Listed:
  • Wallace P. Marcelino

    (UFPA)

  • Adilson Giovanini

    (UDESC)

  • Fabrício Missio

    (Cedeplar/UFMG)

  • Frederico G. Jayme Jr

    (Cedeplar/UFMG)

Abstract

The purpose of this paper is to analyze the foreign trade of biodiversity products (BioTrade) from a Latin American structuralist perspective and propose economic policy recommendations. Latin America (LA) is one of the most biodiverse regions in the world, which grants it a competitive advantage. Indicators reveal that the Center-Periphery relationship persists in manufacturing activities, modern services, and biodiversity-related trade. The primary reason for this is the historical lack of endogenous technological progress in LA countries, which limits the ability to harness economic opportunities. The principal economic policy recommendation is the formulation and implementation of an industrial policy that strategically leverages the region's biodiversity.

Suggested Citation

  • Wallace P. Marcelino & Adilson Giovanini & Fabrício Missio & Frederico G. Jayme Jr, 2025. "Structural Change in the 21st Century and the Center-Periphery Relationship: Opportunities and Constraints for Latin America," Textos para Discussão Cedeplar-UFMG 682, Cedeplar, Universidade Federal de Minas Gerais.
    • Handle: RePEc:cdp:texdis:td682
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    File URL: https://www.cedeplar.ufmg.br/pesquisas/td/TD%20682.pdf
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    References listed on IDEAS

    as
    1. Adolph Lowe, 1955. "Structural Analysis of Real Capital Formation," NBER Chapters, in: Capital Formation and Economic Growth, pages 581-634, National Bureau of Economic Research, Inc.
    2. Ffrench-Davis, Ricardo, 1988. "Esbozo de un planteamiento neoestructuralista," Revista CEPAL, Naciones Unidas Comisión Económica para América Latina y el Caribe (CEPAL), April.
    3. Fajnzylber, Fernando, 1983. "La industrialización trunca de América Latina," Coediciones, Naciones Unidas Comisión Económica para América Latina y el Caribe (CEPAL), number 43130 edited by Editorial Nueva Imagen.
    4. Bielschowsky, Ricardo, 1998. "Cincuenta años del pensamiento de la CEPAL: una reseña," Copublicaciones, Naciones Unidas Comisión Económica para América Latina y el Caribe (CEPAL), number 2038, February.
    5. Eduardo da Motta e Albuquerque, 2007. "Inadequacy of technology and innovation systems at the periphery," Cambridge Journal of Economics, Cambridge Political Economy Society, vol. 31(5), pages 669-690, September.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    Economic Development; Structuralist Economics; Biodiversity;
    All these keywords.

    JEL classification:

    • O1 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development
    • O4 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity
    • L80 - Industrial Organization - - Industry Studies: Services - - - General

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