Neoliberal restructuring and scenarios of democratic consolidation in Latin America

William C. Smith

Research output: Contribution to journalArticlepeer-review

5 Scopus citations


The "free-market" policies and neoliberal restructuring widely experienced by Latin American in recent years have contended with a wide array of economic problems, and the results have been somewhat problematic. The consequences for the process of democratic consolidation have become the subject of increasing theorizing. At the same time, certain generalizations can be advanced. These are enriched by examination of the diverse paths to neoliberal restructuring followed by different countries. This leads to elaboration of several alternative scenarios that may eventually prevail, including consideration of variations in posttransition democratic regimes in the 1990s. The policies and developments schematically discussed here support the contention that Latin America is following a developmental trajectory distinct from anything known in its past.

Original languageEnglish (US)
Pages (from-to)3-21
Number of pages19
JournalStudies In Comparative International Development
Issue number2
StatePublished - Jun 1993

ASJC Scopus subject areas

  • Development
  • Sociology and Political Science
  • Political Science and International Relations


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