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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Format: | Article |
Language: | Spanish |
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Universidad Pedagógica y Tecnológica de Colombia
2021-12-01
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Series: | Historia y Memoria |
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Online Access: | https://revistas.uptc.edu.co/index.php/historia_memoria/article/view/10637 |
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author | Christian Paul Naranjo Navas |
author_facet | Christian Paul Naranjo Navas |
author_sort | Christian Paul Naranjo Navas |
collection | DOAJ |
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 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. |
first_indexed | 2024-12-12T23:30:28Z |
format | Article |
id | doaj.art-14fbe1798a9648f0b5aba01abe510b02 |
institution | Directory Open Access Journal |
issn | 2027-5137 2322-777X |
language | Spanish |
last_indexed | 2024-12-12T23:30:28Z |
publishDate | 2021-12-01 |
publisher | Universidad Pedagógica y Tecnológica de Colombia |
record_format | Article |
series | Historia y Memoria |
spelling | doaj.art-14fbe1798a9648f0b5aba01abe510b022022-12-22T00:07:49ZspaUniversidad Pedagógica y Tecnológica de ColombiaHistoria y Memoria2027-51372322-777X2021-12-012434738110.19053/20275137.n24.2022.106378494The ECLAC model in the Socialism of the 21st Century in EcuadorChristian Paul Naranjo Navas0https://orcid.org/0000-0003-1532-203XUniversidad Nacional de ChimborazoThe 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.https://revistas.uptc.edu.co/index.php/historia_memoria/article/view/10637isiindustrializationimport substitutioneclacecuadorsocialism of the 21st centuryrafael correa |
spellingShingle | Christian Paul Naranjo Navas The ECLAC model in the Socialism of the 21st Century in Ecuador Historia y Memoria isi industrialization import substitution eclac ecuador socialism of the 21st century rafael correa |
title | 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 |
url | https://revistas.uptc.edu.co/index.php/historia_memoria/article/view/10637 |
work_keys_str_mv | AT christianpaulnaranjonavas theeclacmodelinthesocialismofthe21stcenturyinecuador AT christianpaulnaranjonavas eclacmodelinthesocialismofthe21stcenturyinecuador |