Chile, Globalization, and Imperialism

Critical development theory

“…Chile under the dictatorship of General Pinochet (1973)(1974)(1975)(1976)(1977)(1978)(1979)(1980)(1981)(1982)(1983)(1984)(1985)(1986)(1987)(1988)(1989)(1990) already pioneered neoliberalism, which became the dominant policy discourse in many countries of the world. Some authors even consider Chile to have been the forerunner of globalisation by early on fully liberalising and opening its economy to the world market, thereby submitting the country to the 'imperialism of free trade' and creating a series of economic, social, and political contradictions ( Ahumada & Torres, 2020 ). Among the fi rst development institutions to take up the challenge of the neoliberal paradigm was ECLAC, previously known as ECLA, which now included the Caribbean in its name, hence the C added at the end of the acronym.…”