Article ID Journal Published Year Pages File Type
7345193 Economía Informa 2015 22 Pages PDF
Abstract
This paper proposes a reappraisal of the complex phenomenon known colloquially as globalization. This reappraisal is based on a review of the approaches put forward by three leading contemporary experts in the fi It also examines the most important elements of the globalization process and its effects on economic development in Latin America. These expert's fi suggest that one of the explanatory variables in the slow and uneven rate of development in Latin America is the general absence of States, governments and public administrations that lack legitimacy and effi. In other words, the process of globalization and market economy policies are not directly responsible for all of Latin America's woes. Furthermore States and markets should work in partnership to move towards new phases of development.
Related Topics
Social Sciences and Humanities Economics, Econometrics and Finance Economics and Econometrics
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