Hostname: page-component-78c5997874-t5tsf Total loading time: 0 Render date: 2024-11-15T04:42:38.621Z Has data issue: false hasContentIssue false
  • English
  • Français

From Structuralism to the New Institutional Economics: The Impact of Theory on the Study of Foreign Trade in Latin America

Published online by Cambridge University Press:  05 October 2022

Sandra Kuntz Ficker
Sandra Kuntz Ficker*
Affiliation:
El Colegio de México
Rights & Permissions [Opens in a new window]

Extract

Core share and HTML view are not available for this content. However, as you have access to this content, a full PDF is available via the ‘Save PDF’ action button.

This paper originated with Jonathan Brown's invitation to participate in a LARR-sponsored panel at the 2004 LASA Congress, commenting on the lectures offered by John Coatsworth and Joseph Love. The discussants' task was to relate the general ideas presented by these scholars to our own field of specialization, which in my case happens to be the history of foreign trade. Therefore, this article summarizes the evolution of economic ideas with respect to Latin America, with special emphasis on foreign trade and commercial policy. It explains the basic positions held by the structuralist and dependentista schools, the shift brought about by the return of neoclassical economics, and the partial departure from orthodoxy made by the New Institutional Economics (NIE). This article concludes with a discussion of how these changes in paradigms were generated and how the evolution in ideas contributes fresh approaches to the historical interpretation of the role of foreign trade in Latin America.

Type
Research Forum
Information
Latin American Research Review , Volume 40 , Issue 3 , 2005 , pp. 145 - 162
Copyright
Copyright © 2005 by the University of Texas Press

Footnotes

*

I wish to thank Jonathan Brown for kindly helping me to improve the style of the English version of this paper.

References

Auty, Richard, and Toye, John 1996 “Challenging the Orthodoxies.” In Challenging the Orthodoxies, edited by Auty, Richard M. and Toye, John, 1–12. London: MacMillan Press; New York: St. Martin's Press.CrossRefGoogle Scholar
Bagú, Claudio 1986 “El estado en la teoría del capitalismo periférico de Raúl Prebisch.” El Economista Mexicano 19 (2): 87–96.Google Scholar
Balassa, Bela A. 1982 Development Strategies in Semi-Industrial Economies. Baltimore: The Johns Hopkins University Press.Google Scholar
Beatty, Edward 2001 Institutions and Investment: The Political Basis of Industrialization in Mexico before 1911. Stanford: Stanford University Press.Google Scholar
Bhagwati, Jagdish N., ed. 1987 International Trade: Selected Readings. 2nd ed. Cambridge: MIT Press.Google Scholar
Bradford, Colin I. 1993 “El pensamiento latinoamericano: Orientación y pertinencia de la futura política económica.” In El legado de Raúl Prebisch, edited by Iglesias, Enrique V., 156–74. Washington, D.C.: Inter-American Development Bank.Google Scholar
Bulmer-Thomas, Victor 1996 The Economic History of Latin America since Independence. Cambridge: Cambridge University Press.Google Scholar
Bustelo, Eduardo S. 1994 “Hood Robin: Ajuste y equidad en América Latina.” In Pobreza y modelos de desarrollo en América Latina, edited by Félix Bombarolo y Horacio E. Caride, 49–82. Buenos Aires: Ediciones Ficong/Economic Development Institute of the World Bank.Google Scholar
Bustelo, Pablo 1999 Teorías contemporáneas del desarrollo económico. Madrid: Ed. Síntesis.Google Scholar
Cepal 1976-2005 Revista de la Cepal. United Nations, Economic Commission for Latin America.Google Scholar
Coatsworth, John H. 1981 Growth Against Development. The Economic Impact of Railroads in Porfirian Mexico. Dekalb: Northern Illinois University Press.Google Scholar
Coatsworth, John H. 1990 Los orígenes del atraso. Nueve ensayos de historia económica de México en los siglos XVIII y XIX. Mexico: Alianza Editorial Mexicana.Google Scholar
Coatsworth, John H. 2004 “Structures, Endowments, and Institutions in the Economic History of Latin America.” Latin American Research Review 40 (3): 126–144.CrossRefGoogle Scholar
Coatsworth, John H., and Casares, Gabriel Tortella 2000 “Institutions and Long-Run Economic Performance in Mexico and Spain, 1800–2000.” Paper presented at the 13th Congress of the International Economic Association, Buenos Aires, Argentina, July.Google Scholar
Coatsworth, John H., and Taylor, Alan M., eds. 1998 Latin America and the World Economy Since 1800. Cambridge, Mass. / London: Harvard University-The Rockefeller Center for Latin American Studies.Google Scholar
Cordon, Max 1965 Recent Developments in the Theory of International Trade. Princeton: Princeton University Press.Google Scholar
Cortés Conde, Roberto, and Stein, Stanley J., eds. 1977 Latin America. A Guide to Economic History, 1830–1930. Berkeley and Los Angeles: University of California Press.Google Scholar
Díaz-Alejandro, Carlos 1970 Essays in the Economic History of the Argentine Republic. New Haven: Yale University Press.Google Scholar
Díaz-Alejandro, Carlos 1983 “Open Economy, Closed Polity?” In Latin America in the World Economy: New Perspectives, edited by Tussie, Diana, 21–53. New York: St. Martin Press.Google Scholar
Díaz-Alejandro, Carlos 1988 “No Less than One Hundred Years of Argentine Economic History Plus Some Comparisons.” In Trade, Development and the World Economy. Selected Essays of Carlos F. Díaz-Alejandro, edited by Velasco, Andrés, 230–60. Oxford: Basil Blackwell.Google Scholar
Dower, Nigel 1996 “Is the Idea of Development Eurocentric?” In Challenging the Orthodoxies, edited by Auty, Richard M. and Toye, John, 85–102. London: Mac Millan Press; New York: St. Martin's Press.CrossRefGoogle Scholar
Gootenberg, Paul 1989 Between Silver and Guano. Commercial Policy and the State in Postindependence Peru. New Jersey: Princeton University Press.Google Scholar
Haber, Stephen H. 1989 Industry and Underdevelopment. The Industrialization of Mexico, 1890–1940. Stanford: Stanford University PressGoogle Scholar
Haber, Stephen H., ed. 1997 How Latin America Fell Behind. Essays on the Economic Histories of Brazil and Mexico, 1800–1914. Stanford: Stanford University Press.CrossRefGoogle Scholar
Haber, Stephen H., ed. 2000 Political Institutions and Economic Growth in Latin America. Essays in Policy, History, and Political Economy. Stanford: Stanford University Press and the Hoover Institute.Google Scholar
Haber, Stephen H., ed. Forthcoming “It Wasn't All Prebisch's Fault: The Political Economy of Latin American Industrialization.” In The Cambridge History of Latin America, edited by Bulmer-Thomas, Victor, Coatsworth, John, and Cortés, Roberto. Cambridge: Cambridge University Press.Google Scholar
Haber, Stephen H., and Bortz, Jeffrey, eds. 2002 The Mexican Economy, 1870–1930. Essays on the Economic History of Institutions, Revolution, and Growth. Stanford: Stanford University Press.Google Scholar
Haber, Stephen H., Maurer, Noel, and Razo, Armando 2003 The Politics of Property Rights: Political Instability, Credible Commitments, and Economic Growth in Mexico, 1876–1929. Cambridge / New York: Cambridge University Press.CrossRefGoogle Scholar
Haberler, Gottfried 1959 International Trade and Economic Development. Cairo: National Bank of Egypt.Google Scholar
Hansen, Roger D. 1974 The Politics of Mexican Development. Baltimore: The Johns Hopkins University Press.Google Scholar
Kay, Cristóbal 1989 Latin American Theories of Development and Underdevelopment. London: Routledge.Google Scholar
Krugman, Paul 1993 “Protection in Developing Countries.” In Policymaking in the Open Economy. Concepts and Case Studies in Economic Performance, edited by Dornbusch, Rudiger, 127–48. Oxford: Oxford University Press.Google Scholar
Krugman, Paul 1996 “Los ciclos en las ideas dominantes con relación al desarrollo económico.” Desarrollo Económico 36 (143): 715–32. (October–December).CrossRefGoogle Scholar
Lal, Deepak 2000 The Poverty of Development Economics. Cambridge, MA: The MIT Press.Google Scholar
Little, Ian M. D., Scitovsky, Tibor, and Scott, Maurice 1970 Industry and Trade in Some Developing Countries: A Comparative Study. London: Oxford University Press.Google Scholar
Love, Joseph L. 1993 “Nueva vision del entorno intelectual internacional de las décadas de los años treinta y cuarenta.” In El legado de Raúl Prebisch, edited by Iglesias, Enrique V., 39–66. Washington, D.C.: Inter-American Development Bank.Google Scholar
Love, Joseph L. 2004 “The Rise and Decline of Economic Structuralism in Latin America.” Latin American Research Review 40 (3): 100–125.CrossRefGoogle Scholar
McGillivray, Fiona, McLean, Iain, Pahre, Robert, and Schonhardt-Bailey, Cheryl 2001 International Trade and Politicai Institutions. Instituting Trade in the Long Nineteenth Century. United States: Edward Elgar Publishing.CrossRefGoogle Scholar
Meller, Patricio 1998 Un siglo de economía política chilena (1890–1990). Santiago: Editorial Andrés Bello.Google Scholar
Myint, Hla 1965 Economic Theory and the Underdeveloped Countries. New Haven: Yale University Press.CrossRefGoogle Scholar
North, Douglass C. 1973 The Rise of the Western World. A New Economic History. Cambridge: Cambridge University Press.CrossRefGoogle Scholar
North, Douglass C. 1981 Structure and Change in Economic History. New York: Norton.Google Scholar
North, Douglass C. 1990 Institutions, Institutional Change and Economic Performance. Cambridge: Cambridge University Press.CrossRefGoogle Scholar
North, Douglass C. 1997 “The Contribution of the New Institutional Economics to an Understanding of the Transition Problem.” In WIDER Annual Lectures 1, Helsinki: World Institute for Development Economics Research, United Nations University.Google Scholar
Ocampo, José Antonio 1998 “Más allá del Consenso de Washington: Una visión desde la CEPAL.” Revista de la CEPAL 66:7–28 (December).Google Scholar
Packenham, Robert A. 1992 The Dependency Movement. Scholarship and Politics in Development Studies. Cambridge, MA: Harvard University Press.Google Scholar
Snowdon, Brian 2002 Conversations on Growth, Stability and Trade. An Historical Perspective. Cheltenham, UK: Edward Elgar.CrossRefGoogle Scholar
Stein, Stanley J., and Hunt, Shane J. 1971 “La historia económica en la América Latina.” Historia Mexicana, 21 (2): 328–71. (October-December).Google Scholar
Stiglitz, Joseph, and the World Bank 2001 The Rebel Within. London: Anthem World Economics.Google Scholar
Szentes, Tamás 2002 Comparative Theories and Methods of International and Development Economics (A Historical and Critical Survey). Budapest: Akadémiai Kiadó.Google Scholar
Taylor, Lance, ed. 1999 After Neoliberalism: What Next for Latin America? Ann Arbor: University of Michigan.CrossRefGoogle Scholar
Taylor, Lance, ed. 2004 Reconstructing Macroeconomics Structuralist Proposals and Critiques of the Mainstream. Cambridge: Harvard University Press.CrossRefGoogle Scholar
Thorp, Rosemary, ed, 1988 América Latina en los años treinta: El papel de la periferia en la crisis mundial. México: FCE.Google Scholar
Thorp, Rosemary, ed, 1996 “Import Substitution: A Good Idea in Principle.” In Latin America and the World Economy. Dependency and Beyond, edited by Salvucci, Richard J., 140–46. Lexington, Mass.: D. C. Heath and Company.Google Scholar
Velasco, Andrés, ed. 1998 Trade, Development and the World Economy. Selected Essays of Carlos F. Díaz-Alejandro. Oxford: Basil Blackwell.Google Scholar
Vendenberg, Paul 1998 “North's Institutionalism as a Bridge Between Neo-Classical and Alternative Schools.” Working Paper Series No 83. University of London, School of Oriental and African Studies, August.Google Scholar
Viner, Jacob 1955 Studies in the Theory of International Trade. London: Allan and Unwin.Google Scholar
Viner, Jacob 1961 Comercio internacional y desarrollo económico. Madrid: Hd. Tecnos.Google Scholar
Wilkie, James W. 1987 La Revolución Mexicana. Gasto federal y cambio social. México: FCE.Google Scholar
Williamson, John 1996 “Lowest Common Denominator or Neoliberal Manifesto? The Polemics of the Washington Consensus.” In Challenging the Orthodoxies, edited by Auty, Richard M. and Toye, John, 13–22. London: MacMillan Press; New York: St. Martin's Press.CrossRefGoogle Scholar