Contributions and omissions of the Latin American development theory. A re-reading from political economy

Abstract

In the context of recent discussions about the possibility of translating the growth of Latin American economies in the last decade into a process of structural change, we intend to discuss the theoretical capacity of studies of Latin American development to provide a concrete, viable and current proposal in that direction. To do this we will research 1) the theoretical relationship between the Political Economy of the late XVIII and XIX century with the postwar Latin American Development Economics; 2) the theoretical relationship between the new development economics emerged in the early seventies with its predecessor and 3) the keys that can offer the redevelopment of Political Economy to understand the main economic processes of the XX and XXI centuries and rescue theoretical aspects that were circumvented and must have a prominent place in any current explanation of the problems of development. From the redevelopment of the object of Political Economy we will pretend to rescue the main problems of short, medium and long term that we understand must integrate discussions central on the future of Latin American development.