The ECLAC model in the Socialism of the 21st Century in Ecuador

The industrialization models of ECLAC, developed during the 1950s, 1960s and 1970s, and those of Ecuador, implemented by the 21st-century socialist government, are similar in their attempt to industrialize through the substitution of imports and government expenditure. In both cases, the economic po...

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Main Author: Naranjo Navas, Christian Paul
Format: Online
Language:spa
Published: Universidad Pedagógica y Tecnológica de Colombia 2021
Subjects:
Online Access:https://revistas.uptc.edu.co/index.php/historia_memoria/article/view/10637
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author Naranjo Navas, Christian Paul
author_facet Naranjo Navas, Christian Paul
author_sort Naranjo Navas, Christian Paul
collection OJS
description The industrialization models of ECLAC, developed during the 1950s, 1960s and 1970s, and those of Ecuador, implemented by the 21st-century socialist government, are similar in their attempt to industrialize through the substitution of imports and government expenditure. In both cases, the economic policies focused on a closed economy, with high tariff barriers, and a strong role of the state as the main actor in the economy. The article uses a comparative method of analysiswhich emphasizes the outcomes of both of the periods studied. The results show that the models applied brought the same problems; imbalance in external trade and rising public debt. An alternative premise is suggested, that the models applied are the main causes of the debt crisis in the 1980s and the increasing public debt in the government of Rafael Correa.
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spelling oai:oai.revistas.uptc.edu.co:article-106372022-11-21T19:54:39Z The ECLAC model in the Socialism of the 21st Century in Ecuador The ECLAC model in the Socialism of the 21st Century in Ecuador Naranjo Navas, Christian Paul ISI industrialization import substitution ECLAC Ecuador socialism of the 21st century Rafael Correa ISI industrialization import substitution ECLAC Ecuador socialism of the 21st century Rafael Correa The industrialization models of ECLAC, developed during the 1950s, 1960s and 1970s, and those of Ecuador, implemented by the 21st-century socialist government, are similar in their attempt to industrialize through the substitution of imports and government expenditure. In both cases, the economic policies focused on a closed economy, with high tariff barriers, and a strong role of the state as the main actor in the economy. The article uses a comparative method of analysiswhich emphasizes the outcomes of both of the periods studied. The results show that the models applied brought the same problems; imbalance in external trade and rising public debt. An alternative premise is suggested, that the models applied are the main causes of the debt crisis in the 1980s and the increasing public debt in the government of Rafael Correa. The industrialization models of ECLAC, developed during the 1950s, 1960s and 1970s, and those of Ecuador, implemented by the 21st-century socialist government, are similar in their attempt to industrialize through the substitution of imports and government expenditure. In both cases, the economic policies focused on a closed economy, with high tariff barriers, and a strong role of the state as the main actor in the economy. The article uses a comparative method of analysis which emphasizes the outcomes of both of the periods studied. The results show that the models applied brought the same problems; imbalance in external trade and rising public debt. An alternative premise is suggested, that the models applied are the main causes of the debt crisis in the 1980s and the increasing public debt in the government of Rafael Correa. Universidad Pedagógica y Tecnológica de Colombia 2021-12-21 info:eu-repo/semantics/article info:eu-repo/semantics/publishedVersion application/pdf text/xml https://revistas.uptc.edu.co/index.php/historia_memoria/article/view/10637 10.19053/20275137.n24.2022.10637 Historia Y Memoria; No. 24 (2022): «Issues of Latin American political-intellectual history: Democracy, Nation, and Representation. Latin America, 19th and 20th centuries»; 347-381 Historia Y Memoria; Núm. 24 (2022): Enero-Junio 2022. «Problemas de historia político-intelectual latinoamericana: Democracia, Nación, Representación. América Latina, siglos XIX y XX»; 347-381 Historia Y Memoria; No 24 (2022): «Problèmes d’histoire politico-intellectuelle latino- américaine: démocratie, nation, représentation. Amérique latine, XIXe et XXe siècles»; 347-381 2322-777X 2027-5137 10.19053/20275137.n24.2022 spa https://revistas.uptc.edu.co/index.php/historia_memoria/article/view/10637/11287 https://revistas.uptc.edu.co/index.php/historia_memoria/article/view/10637/12016 Derechos de autor 2022 Historia Y Memoria
spellingShingle ISI
industrialization
import substitution
ECLAC
Ecuador
socialism of the 21st century
Rafael Correa
ISI
industrialization
import substitution
ECLAC
Ecuador
socialism of the 21st century
Rafael Correa
Naranjo Navas, Christian Paul
The ECLAC model in the Socialism of the 21st Century in Ecuador
title The ECLAC model in the Socialism of the 21st Century in Ecuador
title_alt The ECLAC model in the Socialism of the 21st Century in Ecuador
title_full The ECLAC model in the Socialism of the 21st Century in Ecuador
title_fullStr The ECLAC model in the Socialism of the 21st Century in Ecuador
title_full_unstemmed The ECLAC model in the Socialism of the 21st Century in Ecuador
title_short The ECLAC model in the Socialism of the 21st Century in Ecuador
title_sort eclac model in the socialism of the 21st century in ecuador
topic ISI
industrialization
import substitution
ECLAC
Ecuador
socialism of the 21st century
Rafael Correa
ISI
industrialization
import substitution
ECLAC
Ecuador
socialism of the 21st century
Rafael Correa
topic_facet ISI
industrialization
import substitution
ECLAC
Ecuador
socialism of the 21st century
Rafael Correa
ISI
industrialization
import substitution
ECLAC
Ecuador
socialism of the 21st century
Rafael Correa
url https://revistas.uptc.edu.co/index.php/historia_memoria/article/view/10637
work_keys_str_mv AT naranjonavaschristianpaul theeclacmodelinthesocialismofthe21stcenturyinecuador
AT naranjonavaschristianpaul eclacmodelinthesocialismofthe21stcenturyinecuador