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Globalization Dynamics in Latin America: South Cone and Iberian Investments

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  • Mário Gómez
  • Cezar Guedes

Abstract

This paper analyzes in perspective the integration process through which Latin America, specially the South Cone, went through during the long formation process of the world economy, since the expansion that brought Latin America to capitalist development until the early XXI century. It emphasizes the 1980’s, when a new form of integration begun, marked by trade and financial liberalization and an increasing market integration combined by the formation of trading blocks both in at world and regional levels. It studies deeper the special logics and the relations of South Cone as destiny of Spanish and Portuguese foreign direct investment. The article is structured in two parts: the first one analysis the Latin American integration process with the world economy since its origins, markedly the colonial period. The second part studies some results and disjunctives of this new period, characterized by the increasing presence of large multinational and Iberian companies in Latin America. Keywords: modelo de desarrollo, macroeconomía, politica económica, desarrollo, politica monetária, ética politica, investimento.

Suggested Citation

  • Mário Gómez & Cezar Guedes, 2009. "Globalization Dynamics in Latin America: South Cone and Iberian Investments," Working Papers Department of Economics 2009/13, ISEG - Lisbon School of Economics and Management, Department of Economics, Universidade de Lisboa.
  • Handle: RePEc:ise:isegwp:wp132009
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    References listed on IDEAS

    as
    1. Ghymers, Christian, 2001. "La problemática de la coordinación de políticas económicas," Macroeconomía del Desarrollo 10, Naciones Unidas Comisión Económica para América Latina y el Caribe (CEPAL).
    2. repec:mes:challe:v:36:y:1993:i:3:p:37-46 is not listed on IDEAS
    3. Escaith, Hubert & Morley, Samuel A., 2000. "The impact of structural reforms on growth in Latin America and the Caribbean: an empirical estimation," Macroeconomía del Desarrollo 1, Naciones Unidas Comisión Económica para América Latina y el Caribe (CEPAL).
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    More about this item

    JEL classification:

    • E0 - Macroeconomics and Monetary Economics - - General
    • E6 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook

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