Development, Environment, and Health in Crisis
The Case of Ecuador
Bibliographic Data
| ID | 4501371 |
|---|---|
| Authors | José Suárez-Torres (0000-0003-4696-8407), Dolores López-Paredes Translated, John F Uggen, Steve Crawford (0000-0001-8596-1545) |
| Year | 1997 |
| Volume | 24 |
| Issue | 3 |
| Pages | 83-103 |
| Publication date | 1997-05-01 |
| Peer Reviewed | Yes |
| Open Access | Yes |
| Type | ARTICLE |
| Venue | Latin American Perspectives (JOURNAL) |
| Journal identifiers | ISSN: 0094-582X • E-ISSN: 1552-678X |
| Publisher | SAGE Publications Inc (PUBLISHER) |
| DOI | 10.1177/0094582x9702400306 |
| OpenAlex | W2065778485 |
| Language | EN |
| Citations received | 3 |
| References cited | 4 |
In Ecuador as in the inajority of Latin American countries a profound crisis has significantly affected the productive base of the country. The deterioration of the environment, the living conditions of the population, and representative democracy are evidence of the sharp contradictions in the current model of development. Ecuador is a clear example of how policy can bring a country to the point of social and environmental collapse while simultaneously generating significant economic accumulation for tiny sectors of the population. This grave situation does not arise out of conjunctural defects but rather is the logical result of a model of development and modernization that has been implemented in the majority of the peripheral countries as a mechanism for overcoming the crisis of capitalism in the center (Marini, 1994: 99). During the 1960s the contraction of industrial investment in the United States resulted in its loss of international competitiveness and led to a situation of capital overaccumulation that was resolved by the provision of easy credit to Third World countries in support of industrial modernization. A new phase in the crisis of the capitalism of the center, from 1973 to 1979, was transferred to developing countries through an accelerated increase in interest rates. This brought in its wake a new and severe worldwide recession. For Ecuador as for other Latin American countries, this process was disastrous not just because of the contraction in global trade but also because of the drastic decline of export prices. Rapid economic deterioration led to the debt crisis of the 1980s, which meant for Latin America a net transfer to the central countries of an estimated US$203 billion between 1982 and 1989, equivalent to 49 percent of its gross foreign debt as of the end of 1989 (Marini, 1994
Capitalism · Development economics · Economic growth · Economic policy · Economics · Latin Americans · Macroeconomics · Modernization theory · Political science · Politics · Population · Recession · Global Energy and Sustainability Research
| Unique citing works | 3 |
|---|---|
| Citations per year | 0,11 |
| Citation span | 1998 - 2024 (27) |
| Citation velocity | recent |
| Highly cited | No |
| Citation types | Neutral: 3 |