The post-crisis administration of Nestor Kirchner in Argentina abandoned IMF tutelage and instead embraced the principles of neodesarrollismo, fundamentally reforming the role of the state in the market, in society, and in its intersection with global capital. This facilitated a dramatic economic recovery that was only briefly interrupted by the global financial crisis and subsequent recession in 2009.
Christopher Wylde argues that Argentina and Brazil, and Latin America more widely, experienced a new wave of developmentalism in the 21st century that stands in contrast to the traditional desarollista state in Latin America given changing international and domestic political and economic contexts. This model has led to robust economic recoveries in the wake of both domestic and international crises; suggesting first that these developmental regimes offer a template for strong post-crisis economic recovery, and second that Latin America as a continent may well be the next part of the world to make large developmental strides forward.
Review: 'In the burgeoning literature on post-neoliberalism in Latin America, this book is sure to become a groundbreaking text. It develops a case for the significance of the new left that is both novel and convincing, seeing in it elements of continuity and change. Using the developmental regime as a theoretical framework, it offers for the first time a rationale that gives coherence to the actions of new left governments and helps explain the distinctive nature of the project being undertaken.
It is difficult to exaggerate its significance as a major contribution to key debates on the politics, political economy and development of Latin America today and, indeed, on what marks it out from the rest of the world.' - Professor Peadar Kirby, University of Limerick, Ireland 'An agenda-setting study of the reconfiguration of state-market and state-society relationships in South America, this study offers a sophisticated analysis of the new political economy landscape taking shape in the region.
Detailed and thorough, this book makes a major contribution to the literature on the 'new' political economy of growth, 'reprimarisation' and recovery from crisis in Latin America. Highly recommended for regional specialists and scholars of international political economy.' - Professor Jean Grugel, University of Sheffield, UK 'This book is as much a reconstruction as a presentation of developmental regimes in Argentina and Brazil.
Wylde reveals the novel ways in which domestic economies now intersect with global markets. An exposition not be missed as Latin America emerges in the global economy.' - Diana Tussie, Director, Department of International Relations, FLACSO, Buenos Aires, Argentina
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