Fractures in extractivist governments: the case of Chile and Bolivia

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DOI:

https://doi.org/10.5377/eya.v12i2.12972

Keywords:

Latin America, Extractivism, Institutions, Foreign Trade

Abstract

In the last months of 2019, Chile and Bolivia were scenarios where different citizen demonstrations culminated with a severe crisis in their political institutions. In the first case, based on the unsustainable political climate, a new Constitution was proposed, while the second resulted in a coup of State. We argue that these events owe their origin, in part, to state malpractice in the administration of natural resources by making them a fundamental part of the economic development of both countries. By making their economies dependent on an export basket of commodities, performances are excessively vulnerable to external shocks. None of these scenarios has changed in economic terms, and in political terms: they remain unstable.

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Published

2021-12-14

How to Cite

Ferraro, S. ., & Balmaceda, F. G. . (2021). Fractures in extractivist governments: the case of Chile and Bolivia. Economía Y Administración (E&Amp;A), 12(2), 59–78. https://doi.org/10.5377/eya.v12i2.12972

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Articles