Abstract

BELLONI, Paula  and  WAINER, Andrés. The Role of Foreign Capital and the Insertion in South America. Prob. Des [online]. 2014, vol.45, n.177, pp.87-112. ISSN 0301-7036.

The last decade has seen the rise of a new political age in the majority of South American countries, which can be characterized as post-neoliberal. However, this new stage has been built on the foundation of neoliberalism. This base is composed of the following: strong capital concentration, the hegemony of trans-national capital and growing dependence on the production of commodities for export. This work aims to analyze the insertion profile of South America in the global market and its relationship to foreign capital from 2001-2011, with a special emphasis on old and new forms of dependence that characterize South American economies and the challenges they face.

Keywords : South America; foreign direct investment; trans-national capital; capital flows; financialization.

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