The Financialization Response to Economic Disequilibria
European and Latin American Experiences
Edited by Noemi Levy and Etelberto Ortiz
Chapter 4: The periphery in the productive globalization: a new dependency?
Alan Cibils and Germán Pinazo
Abstract
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.
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