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Name: Felipe Amin Filomeno

Email: aminfilomeno at hotmail.com

Institution: Universidade Federal de Santa Catarina

Co-author: none

Title: Brazil and Argentina in the context of the 
capitalist world-economy: external debt and 
economic policy (1870-1930)

Internet Address of abstracted work: http://150.162.90.250/teses/PCNM0155.pdf

By mail:

Language: Portuguese

Abstract:
The main purpose of this research is to present 
the development of the economies of Argentina and 
Brazil, between 1870 and 1930, as part of the 
development of the capitalist world economy, and 
aims to understand how the external debt and the 
economic policies of the Argentinean and 
Brazilian states were conditioned by the dynamics 
of the capitalist world economy represented by 
the Kondratieff cycles and systemic cycles of 
accumulation. It employs the theoretical and 
methodological contributions of World-Systems 
Political Economy, especially the methodology of 
encompassing comparison. It concludes that the 
economic activity, the economic policy and the 
public external debt in Argentina and Brazil were 
conditioned by the Kondratieff cycles and 
systemic cycles of accumulation in the way 
pointed out by Arrighi (1996) and Suter (1992). 
The fact that both countries assumed the role of 
producers of primary goods for the world markets 
and of consumers of industrial goods produced in 
core countries corresponded to the needs of 
expansion of the capitalist world economy and was 
associated with the formation of oligarchic 
national states in both countries. These 
developments were responsible for liberal 
economic policies needed to fulfill these roles 
and resulted in deep dependence upon external 
indebtedness and high vulnerability to systemic 
oscillations.

Bibliography: Filomeno, Felipe Amin. "Brazil and 
Argentina in the context of the capitalist 
world-economy: external debt and economic policy 
(1870-1930)." Dissertação (Mestrado) - 
Universidade Federal de Santa Catarina 2006.

Subject: F
Geographical Area: 5
Country/Region: Brazil; Argentina
Time Period: 7, 8

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