Hannes Warnecke-Berger, Hans-Jürgen Burchardt, Kristina Dietz
{"title":"The failure of (neo-)extractivism in Latin America – explanations and future challenges","authors":"Hannes Warnecke-Berger, Hans-Jürgen Burchardt, Kristina Dietz","doi":"10.1080/01436597.2023.2203380","DOIUrl":null,"url":null,"abstract":"Abstract The article scrutinises the failure of neo-extractivism in Latin America. Parallel to the global super cycle of commodity prices, many Latin American governments turned to the left and promised redistribution and development, particularly for the poor. Empirically we show that neo-extractivism has become a veritable development model since the beginnings of the 2000s for many Latin American societies. We further show that the recent favourable commodity conjuncture did not translate into diversification and a shift towards non-extractivist sectors away from neo-extractivism, however. In short: neo-extractivism failed. Analysing this failure needs to focus on the underlying political economic conditions that make such a development model possible in the first place, that are reinforced by that very model, and that are prone to crisis; that is, economic rents and their appropriation. We state that the root cause of the emergence as well as the failure of neo-extractivism in Latin America lies in the prevalence of rents. We call for a renewed interest in rent theory and a shift towards political economy in the analysis of development","PeriodicalId":48280,"journal":{"name":"Third World Quarterly","volume":"44 1","pages":"1825 - 1843"},"PeriodicalIF":1.9000,"publicationDate":"2023-05-02","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"2","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"Third World Quarterly","FirstCategoryId":"96","ListUrlMain":"https://doi.org/10.1080/01436597.2023.2203380","RegionNum":2,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q2","JCRName":"DEVELOPMENT STUDIES","Score":null,"Total":0}
引用次数: 2
Abstract
Abstract The article scrutinises the failure of neo-extractivism in Latin America. Parallel to the global super cycle of commodity prices, many Latin American governments turned to the left and promised redistribution and development, particularly for the poor. Empirically we show that neo-extractivism has become a veritable development model since the beginnings of the 2000s for many Latin American societies. We further show that the recent favourable commodity conjuncture did not translate into diversification and a shift towards non-extractivist sectors away from neo-extractivism, however. In short: neo-extractivism failed. Analysing this failure needs to focus on the underlying political economic conditions that make such a development model possible in the first place, that are reinforced by that very model, and that are prone to crisis; that is, economic rents and their appropriation. We state that the root cause of the emergence as well as the failure of neo-extractivism in Latin America lies in the prevalence of rents. We call for a renewed interest in rent theory and a shift towards political economy in the analysis of development
期刊介绍:
Third World Quarterly ( TWQ ) is the leading journal of scholarship and policy in the field of international studies. For almost four decades it has set the agenda of the global debate on development discourses. As the most influential academic journal covering the emerging worlds, TWQ is at the forefront of analysis and commentary on fundamental issues of global concern. TWQ examines all the issues that affect the many Third Worlds and is not averse to publishing provocative and exploratory articles, especially if they have the merit of opening up emerging areas of research that have not been given sufficient attention. TWQ is a peer-reviewed journal that looks beyond strict "development studies", providing an alternative and over-arching reflective analysis of micro-economic and grassroot efforts of development practitioners and planners. It furnishes expert insight into crucial issues before they impinge upon global media attention. TWQ acts as an almanac linking the academic terrains of the various contemporary area studies - African, Asian, Latin American and Middle Eastern - in an interdisciplinary manner with the publication of informative, innovative and investigative articles. Contributions are rigorously assessed by regional experts.