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From Structuralism to the New Institutional Economics: The Impact of Theory on the Study of Foreign Trade in Latin America

Published online by Cambridge University Press:  05 October 2022

Sandra Kuntz Ficker
Sandra Kuntz Ficker*
Affiliation:
El Colegio de México
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This paper originated with Jonathan Brown's invitation to participate in a LARR-sponsored panel at the 2004 LASA Congress, commenting on the lectures offered by John Coatsworth and Joseph Love. The discussants' task was to relate the general ideas presented by these scholars to our own field of specialization, which in my case happens to be the history of foreign trade. Therefore, this article summarizes the evolution of economic ideas with respect to Latin America, with special emphasis on foreign trade and commercial policy. It explains the basic positions held by the structuralist and dependentista schools, the shift brought about by the return of neoclassical economics, and the partial departure from orthodoxy made by the New Institutional Economics (NIE). This article concludes with a discussion of how these changes in paradigms were generated and how the evolution in ideas contributes fresh approaches to the historical interpretation of the role of foreign trade in Latin America.

Type
Research Forum
Information
Latin American Research Review , Volume 40 , Issue 3 , 2005 , pp. 145 - 162
Copyright
Copyright © 2005 by the University of Texas Press

Footnotes

*

I wish to thank Jonathan Brown for kindly helping me to improve the style of the English version of this paper.

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