Divergent Convergence

This article analyzes the economic convergence of the global South with the global North (GS and GN, respectively) as well as the divergence within the GS between Asia and “the rest” (Latin America and Africa). In order to address these processes, the paper is structured in three parts. In the first...

Full description

Bibliographic Details
Main Authors: Víctor Ramiro Fernández, Luciano Moretti, Emilia Ormaechea
Format: Article
Language:English
Published: University Library System, University of Pittsburgh 2022-03-01
Series:Journal of World-Systems Research
Subjects:
Online Access:http://jwsr.pitt.edu/ojs/jwsr/article/view/1032
_version_ 1811235366436339712
author Víctor Ramiro Fernández
Luciano Moretti
Emilia Ormaechea
author_facet Víctor Ramiro Fernández
Luciano Moretti
Emilia Ormaechea
author_sort Víctor Ramiro Fernández
collection DOAJ
description This article analyzes the economic convergence of the global South with the global North (GS and GN, respectively) as well as the divergence within the GS between Asia and “the rest” (Latin America and Africa). In order to address these processes, the paper is structured in three parts. In the first part, the fundamentals that support this “divergent convergence” are considered in light of two theoretical perspectives: world-systems analysis (WSA) and Latin American Structuralism (LAS). We take into account the analytical tools of these theoretical perspectives and differentiate the historical, systemic, and top-down approach of WSA (focused on the contributions of Wallerstein and Arrighi) from the historical, structural, and bottom-up perspective of LAS. In the second part, we analyze the convergence of the GS with the GN in terms of economic dynamic, economic dynamism, and control of the accumulation process, as well as the divergence within the GS between Asia and “the rest”. We finally argue the possibility and necessity of complementing WSA and LAS approaches in order to explain these simultaneous processes of “divergent convergence” and to reflect on the challenges for the rest of the GS in facing the consolidation of Asian dominance under Chinese leadership.
first_indexed 2024-04-12T11:49:37Z
format Article
id doaj.art-9dfd861c85bc459a917b241017d34d5c
institution Directory Open Access Journal
issn 1076-156X
language English
last_indexed 2024-04-12T11:49:37Z
publishDate 2022-03-01
publisher University Library System, University of Pittsburgh
record_format Article
series Journal of World-Systems Research
spelling doaj.art-9dfd861c85bc459a917b241017d34d5c2022-12-22T03:34:13ZengUniversity Library System, University of PittsburghJournal of World-Systems Research1076-156X2022-03-0128110.5195/jwsr.2022.1032Divergent ConvergenceVíctor Ramiro Fernández0Luciano Moretti1Emilia Ormaechea2CONICET-Universidad Nacional del LitoralUniversidad Nacional del LitoralCONICET-Universidad Nacional del LitoralThis article analyzes the economic convergence of the global South with the global North (GS and GN, respectively) as well as the divergence within the GS between Asia and “the rest” (Latin America and Africa). In order to address these processes, the paper is structured in three parts. In the first part, the fundamentals that support this “divergent convergence” are considered in light of two theoretical perspectives: world-systems analysis (WSA) and Latin American Structuralism (LAS). We take into account the analytical tools of these theoretical perspectives and differentiate the historical, systemic, and top-down approach of WSA (focused on the contributions of Wallerstein and Arrighi) from the historical, structural, and bottom-up perspective of LAS. In the second part, we analyze the convergence of the GS with the GN in terms of economic dynamic, economic dynamism, and control of the accumulation process, as well as the divergence within the GS between Asia and “the rest”. We finally argue the possibility and necessity of complementing WSA and LAS approaches in order to explain these simultaneous processes of “divergent convergence” and to reflect on the challenges for the rest of the GS in facing the consolidation of Asian dominance under Chinese leadership. http://jwsr.pitt.edu/ojs/jwsr/article/view/1032CapitalismCenterPeripheryWorld-Systems AnalysisLatin American Structuralism
spellingShingle Víctor Ramiro Fernández
Luciano Moretti
Emilia Ormaechea
Divergent Convergence
Journal of World-Systems Research
Capitalism
Center
Periphery
World-Systems Analysis
Latin American Structuralism
title Divergent Convergence
title_full Divergent Convergence
title_fullStr Divergent Convergence
title_full_unstemmed Divergent Convergence
title_short Divergent Convergence
title_sort divergent convergence
topic Capitalism
Center
Periphery
World-Systems Analysis
Latin American Structuralism
url http://jwsr.pitt.edu/ojs/jwsr/article/view/1032
work_keys_str_mv AT victorramirofernandez divergentconvergence
AT lucianomoretti divergentconvergence
AT emiliaormaechea divergentconvergence