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Mercantilismo, acumulación de capital y desarrollo económico en la economía monetaria de producción (nacional)


  • Matallana Hernando

    () (Universidad de los Andes [Bogota])


The central thesis of the essay is that a successful process of national capitalist development in a world market characterized by the existence of multiple national currencies and divided in the hegemonic developed countries of the First World and the underdeveloped dependent countries of the Third World (and the Second World) requires a mercantilist strategy of economic development in conformity with the monetary logic of capitalism. The thesis rests on the context of the heterodox monetary-keynesian conception of capitalism in so far as a monetary production economy.

Suggested Citation

  • Matallana Hernando, 2011. "Mercantilismo, acumulación de capital y desarrollo económico en la economía monetaria de producción (nacional)," Post-Print hal-00714543, HAL.
  • Handle: RePEc:hal:journl:hal-00714543
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    References listed on IDEAS

    1. Hernando Matallana, 2009. "The Struggle Over the Real Wage In the Monetary Production Economy," Documentos CEDE 005271, Universidad de los Andes - CEDE.
    2. Mathilde Lüken-Klal²en & Karl Betz, 1994. "Mercado mundial y dependencia," Revista Cuadernos de Economía, Universidad Nacional de Colombia -FCE - CID, June.
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    More about this item


    Absolute advantage; accumulation; capitalism; dependency; economic development; mercantilism; money; monetary keynesianism; currency undervaluation; world market.; Acumulación; capitalismo; dependencia; desarrollo económico; dinero; Keynes; keynesianismo monetario; mercado mundial; mercantilismo; Riese; subvaluación cambiaria; ventaja absoluta.;

    JEL classification:

    • E12 - Macroeconomics and Monetary Economics - - General Aggregative Models - - - Keynes; Keynesian; Post-Keynesian
    • E22 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Investment; Capital; Intangible Capital; Capacity
    • E50 - Macroeconomics and Monetary Economics - - Monetary Policy, Central Banking, and the Supply of Money and Credit - - - General
    • E60 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook - - - General
    • F43 - International Economics - - Macroeconomic Aspects of International Trade and Finance - - - Economic Growth of Open Economies
    • F54 - International Economics - - International Relations, National Security, and International Political Economy - - - Colonialism; Imperialism; Postcolonialism


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