The Financialization Response to Economic Disequilibria
Show Less

The Financialization Response to Economic Disequilibria

European and Latin American Experiences

Edited by Noemi Levy and Etelberto Ortiz

Europe and Latin America’s social and economic stagnation is a direct result of the unresolved phenomena of the financialization crisis that broke out in 2008 in developed countries. Editors Noemi Levy and Etelberto Ortiz analyze the limitations of economic growth and development under capitalist economic organizations where financial capital is dominant, as well as explore alternative economic policies.
Buy Book in Print
Show Summary Details
You do not have access to this content

Chapter 4: The periphery in the productive globalization: a new dependency?

Alan Cibils and Germán Pinazo


In the chapter, ‘The periphery in the productive globalization: a new dependency?,’ the authors analyse the role of peripheral countries in what has been called the new international division of labor from two perspectives. First discussed is the theoretical debates centered on new growth theory, neostructuralism, and the renewed interest in structuralist and dependency theories. Second, a broad range of statistical aggregates are presented and analysed. The authors conclude that there is justification for the use of dependency concepts for peripheral countries in today’s international division of labor.

You are not authenticated to view the full text of this chapter or article.

Elgaronline requires a subscription or purchase to access the full text of books or journals. Please login through your library system or with your personal username and password on the homepage.

Non-subscribers can freely search the site, view abstracts/ extracts and download selected front matter and introductory chapters for personal use.

Your library may not have purchased all subject areas. If you are authenticated and think you should have access to this title, please contact your librarian.

Further information

or login to access all content.