Latin America After Neoliberalism: Developmental Regimes in Post-Crisis States (Electronic book text)

The post-crisis administration of Nestor Kirchner in Argentina abandoned IMF tutelage and instead embraced the principles of neodesarrollismo, fundamentally reforming the role of the state in the market, in society, and in its intersection with global capital. This facilitated a dramatic economic recovery that was only briefly interrupted by the global financial crisis and subsequent recession in 2009. Christopher Wylde argues that Argentina and Brazil, and Latin America more widely, experienced a new wave of developmentalism in the 21st century that stands in contrast to the traditional desarollista state in Latin America given changing international and domestic political and economic contexts. This model has led to robust economic recoveries in the wake of both domestic and international crises; suggesting first that these developmental regimes offer a template for strong post-crisis economic recovery, and second that Latin America as a continent may well be the next part of the world to make large developmental strides forward.