DEVELOPMENT ECONOMICS IN THE ALBA


Tahsin E.

INTERNATIONAL JOURNAL OF CUBAN STUDIES, cilt.3, sa.2-3, ss.198-220, 2011 (ESCI) identifier

  • Yayın Türü: Makale / Tam Makale
  • Cilt numarası: 3 Sayı: 2-3
  • Basım Tarihi: 2011
  • Dergi Adı: INTERNATIONAL JOURNAL OF CUBAN STUDIES
  • Derginin Tarandığı İndeksler: Emerging Sources Citation Index (ESCI), Scopus
  • Sayfa Sayıları: ss.198-220
  • Anahtar Kelimeler: economic integration, endogenous development, ALBA, Latin American economies, economic development
  • İstanbul Üniversitesi Adresli: Evet

Özet

This article focuses on the economic development policies of the ALBA process that have emerged as an alternative pattern of integration. By focusing on the main principles and theoretical foundations of the ALBA, the article will try to assess the extent of its discontinuity from neoliberal policies and the Washington Consensus. In addition, the article will analyse the neodevelopmentalist approaches developed by the Comision Economica para America Latina (CEPAL) and the applied economic development policies under the ALBA and the Bolivarian Revolution process in Venezuela. For this analysis the roots of the endogenous development concept will be examined. Under the given circumstances and constraints of today's economic and political climate, it argues that the ALBA provides a unique approach to the formation of economic development policies in the twenty-first century.