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Late industrialization in the Sustainable Development Goals

A critical perspective from the Argentine experience

Bibliographic Data

ID12716007
AuthorsMiguel A Rivera-Quiñones (0000-0003-4770-6062, Department of Political Science, University of Puerto Rico, San Juan, Puerto Rico, corresponding author)
Year2021
Volume19
Issue2
Pages352-367
Publication date2021-03-30
Open AccessNo
TypeARTICLE
VenueGlobalizations (JOURNAL)
Journal identifiersISSN: 1474-7731 • E-ISSN: 1474-774X
PublisherTaylor & Francis (PUBLISHER • GB)
DOI10.1080/14747731.2021.1892367
OpenAlexW3140393270
LanguageEN
Citations received1
References cited17

The Sustainable Development Goals (SDGs) have incorporated late industrialization once more into the global development agenda. Nonetheless, the importance that is given to WTO’s rules in the SDGs makes it pertinent to re-examine the debate about the ‘policy space’ in which developing countries pursue late industrialization. The premise in the SDGs is that WTO’s rules will demarcate the policy space developing countries will have to pursue industrial policies. This article argues that the WTO could demarcate the ‘policy space’ only if developing countries lack access to non-conditional external finance. The accessibility of low-conditionality sources of external financing permits countries to avoid conditionalities and hence widen the space to use policy instruments inconsistent with the neo-liberal rational the SDGs industrial agenda vindicates. Argentina’s re-industrialization programme (2003–2015) is used to illustrate how having access to low-conditional external finances allowed Argentina to escape WTO’s rules to implement State-led industrial policies after a default

Conditionality · Developing country · Economic growth · Economic system · Economics · Industrial policy · Industrialisation · International trade · Market economy · Political science · Politics · Premise · Sustainable development · Asian Industrial and Economic Development · Global trade and economics · International Development and Aid · Law

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Citations per year1
Citation span2026 - 2026 (1)
Highly citedNo

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