<?xml version="1.0" encoding="ISO-8859-1"?><article xmlns:mml="http://www.w3.org/1998/Math/MathML" xmlns:xlink="http://www.w3.org/1999/xlink" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance">
<front>
<journal-meta>
<journal-id>0301-7036</journal-id>
<journal-title><![CDATA[Problemas del desarrollo]]></journal-title>
<abbrev-journal-title><![CDATA[Prob. Des]]></abbrev-journal-title>
<issn>0301-7036</issn>
<publisher>
<publisher-name><![CDATA[Universidad Nacional Autónoma de México, Instituto de Investigaciones Económicas]]></publisher-name>
</publisher>
</journal-meta>
<article-meta>
<article-id>S0301-70362024000400139</article-id>
<article-id pub-id-type="doi">10.22201/iiec.20078951e.2024.219.70208</article-id>
<title-group>
<article-title xml:lang="en"><![CDATA[Foreign capital in neo-structuralism: The subordinate internationalisation of Latin America]]></article-title>
<article-title xml:lang="es"><![CDATA[El capital extranjero en el neoestructuralismo: la internacionalización subordinada de América Latina]]></article-title>
</title-group>
<contrib-group>
<contrib contrib-type="author">
<name>
<surname><![CDATA[Martinez]]></surname>
<given-names><![CDATA[Vinicius]]></given-names>
</name>
<xref ref-type="aff" rid="Aff"/>
</contrib>
<contrib contrib-type="author">
<name>
<surname><![CDATA[Pessoa]]></surname>
<given-names><![CDATA[Linnit]]></given-names>
</name>
<xref ref-type="aff" rid="Aff"/>
</contrib>
</contrib-group>
<aff id="Af1">
<institution><![CDATA[,Université Paris Cité  ]]></institution>
<addr-line><![CDATA[Paris ]]></addr-line>
</aff>
<aff id="Af2">
<institution><![CDATA[,Fluminense Federal University  ]]></institution>
<addr-line><![CDATA[ ]]></addr-line>
<country>Brazil</country>
</aff>
<pub-date pub-type="pub">
<day>00</day>
<month>12</month>
<year>2024</year>
</pub-date>
<pub-date pub-type="epub">
<day>00</day>
<month>12</month>
<year>2024</year>
</pub-date>
<volume>55</volume>
<numero>219</numero>
<fpage>139</fpage>
<lpage>166</lpage>
<copyright-statement/>
<copyright-year/>
<self-uri xlink:href="http://www.scielo.org.mx/scielo.php?script=sci_arttext&amp;pid=S0301-70362024000400139&amp;lng=en&amp;nrm=iso"></self-uri><self-uri xlink:href="http://www.scielo.org.mx/scielo.php?script=sci_abstract&amp;pid=S0301-70362024000400139&amp;lng=en&amp;nrm=iso"></self-uri><self-uri xlink:href="http://www.scielo.org.mx/scielo.php?script=sci_pdf&amp;pid=S0301-70362024000400139&amp;lng=en&amp;nrm=iso"></self-uri><abstract abstract-type="short" xml:lang="en"><p><![CDATA[Abstract This article analyses the subordinate internationalisation of Latin American economies based on the foreign capital understanding in the Latin American neo-structuralism. We discuss the theoretical foundations of this tradition to examine the economic consequences of foreign capital share in the productive structure of these countries after liberalisation. We also identify new forms of susceptibility of Latin American economies through foreign dominance in domestic economic activities. There is an ambiguity in the role of foreign capital, which requires control and coordination to flourish. The State intervention is important to i) enable a positive insertion into global value chains, ii) to foster industrialisation, iii) to mitigate adverse effects of financial flows, and iv) to encourage investments against exogenous cyclical effects.]]></p></abstract>
<abstract abstract-type="short" xml:lang="es"><p><![CDATA[Resumen Este artículo analiza la internacionalización subordinada de las economías latinoamericanas a partir de la comprensión del capital extranjero en el neo-estructuralismo latinoamericano. Se discuten los fundamentos teóricos de esta tradición para examinar las consecuencias económicas de la participación del capital extranjero en la estructura productiva de estos países tras la liberalización. También se identifican nuevas formas de susceptibilidad de las economías latinoamericanas a través del dominio extranjero en las actividades económicas nacionales. Existe una ambigüedad en el papel del capital extranjero, que requiere control y coordinación para prosperar. La intervención del Estado es importante para i) permitir una inserción positiva en las cadenas de valor mundiales, ii) fomentar la industrialización, iii) mitigar los efectos adversos de los flujos financieros, y iv) fomentar las inversiones frente a los efectos cíclicos exógenos.]]></p></abstract>
<kwd-group>
<kwd lng="en"><![CDATA[foreign capital]]></kwd>
<kwd lng="en"><![CDATA[neo-structuralism]]></kwd>
<kwd lng="en"><![CDATA[development]]></kwd>
<kwd lng="en"><![CDATA[Latin America]]></kwd>
<kwd lng="en"><![CDATA[internationalisation.]]></kwd>
<kwd lng="es"><![CDATA[capital extranjero]]></kwd>
<kwd lng="es"><![CDATA[neo-estructuralismo]]></kwd>
<kwd lng="es"><![CDATA[desarrollo]]></kwd>
<kwd lng="es"><![CDATA[América Latina]]></kwd>
<kwd lng="es"><![CDATA[internacionalización]]></kwd>
<kwd lng="es"><![CDATA[O1]]></kwd>
<kwd lng="es"><![CDATA[O5]]></kwd>
<kwd lng="es"><![CDATA[B5]]></kwd>
<kwd lng="es"><![CDATA[F2]]></kwd>
<kwd lng="es"><![CDATA[F63]]></kwd>
</kwd-group>
</article-meta>
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