Complementing Theoretical Approaches for Understanding the Rise of the Global South and the Challenges for “the Rest”

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...

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Detalhes bibliográficos
Autores: Fernández, Víctor Ramiro, Moretti, Luciano, Ormaechea, Emilia Laura
Tipo de documento: artigo
Estado:Versão publicada
Data de publicação:2022
País:Argentina
Recursos:Consejo Nacional de Investigaciones Científicas y Técnicas
Repositório:CONICET Digital (CONICET)
Idioma:inglês
OAI Identifier:oai:ri.conicet.gov.ar:11336/204101
Acesso em linha:http://hdl.handle.net/11336/204101
Access Level:Acceso aberto
Palavra-chave:Capitalism
Center-Periphery
World-Systems Analysis,
Latin American Structuralism
https://purl.org/becyt/ford/5.9
https://purl.org/becyt/ford/5
Descrição
Resumo: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.