Challenges to the left in Central America: a comparative political economy analysis from Structuralist-Keynesian approach

Utilizing a Structuralist-Keynesian framework, we conduct a concise comparative political economy analysis of growth regimes in five Central American (CA) countries. Applying the Sraffian Supermultiplier Decomposition, we assess external and policy constraints, particularly within the context of &q...

Full description

Saved in:
Bibliographic Details
Main Authors: Manuel Alberto Valencia Delgado, Juan José López Rogel
Format: Article
Language:English
Published: Universidad Nacional de Colombia 2025-01-01
Series:Cuadernos de Economía
Subjects:
Online Access:https://revistas.unal.edu.co/index.php/ceconomia/article/view/112575
Tags: Add Tag
No Tags, Be the first to tag this record!
_version_ 1849418125250920448
author Manuel Alberto Valencia Delgado
Juan José López Rogel
author_facet Manuel Alberto Valencia Delgado
Juan José López Rogel
author_sort Manuel Alberto Valencia Delgado
collection DOAJ
description Utilizing a Structuralist-Keynesian framework, we conduct a concise comparative political economy analysis of growth regimes in five Central American (CA) countries. Applying the Sraffian Supermultiplier Decomposition, we assess external and policy constraints, particularly within the context of "progressive governments." Our study contributes by offering a Growth Model Analysis perspective on CA nations, emphasizing the significance of debt-financed consumption in growth dynamics. Integrating external and policy considerations, we provide a nuanced understanding of the constraints hindering the transition toward a more inclusive and stable growth regime in CA countries.
format Article
id doaj-art-451f2bf54ade4225aa294777ea50e98c
institution Kabale University
issn 0121-4772
2248-4337
language English
publishDate 2025-01-01
publisher Universidad Nacional de Colombia
record_format Article
series Cuadernos de Economía
spelling doaj-art-451f2bf54ade4225aa294777ea50e98c2025-08-20T03:32:32ZengUniversidad Nacional de ColombiaCuadernos de Economía0121-47722248-43372025-01-01449310.15446/cuad.econ.v44n93.112575Challenges to the left in Central America: a comparative political economy analysis from Structuralist-Keynesian approachManuel Alberto Valencia Delgado0https://orcid.org/0009-0003-4777-2809Juan José López Rogel1EconomistEconomist Utilizing a Structuralist-Keynesian framework, we conduct a concise comparative political economy analysis of growth regimes in five Central American (CA) countries. Applying the Sraffian Supermultiplier Decomposition, we assess external and policy constraints, particularly within the context of "progressive governments." Our study contributes by offering a Growth Model Analysis perspective on CA nations, emphasizing the significance of debt-financed consumption in growth dynamics. Integrating external and policy considerations, we provide a nuanced understanding of the constraints hindering the transition toward a more inclusive and stable growth regime in CA countries. https://revistas.unal.edu.co/index.php/ceconomia/article/view/112575Sraffian SupermultiplierKeynesian-StructuralistCentral AmericaGrowth RegimesPolitical Economy
spellingShingle Manuel Alberto Valencia Delgado
Juan José López Rogel
Challenges to the left in Central America: a comparative political economy analysis from Structuralist-Keynesian approach
Cuadernos de Economía
Sraffian Supermultiplier
Keynesian-Structuralist
Central America
Growth Regimes
Political Economy
title Challenges to the left in Central America: a comparative political economy analysis from Structuralist-Keynesian approach
title_full Challenges to the left in Central America: a comparative political economy analysis from Structuralist-Keynesian approach
title_fullStr Challenges to the left in Central America: a comparative political economy analysis from Structuralist-Keynesian approach
title_full_unstemmed Challenges to the left in Central America: a comparative political economy analysis from Structuralist-Keynesian approach
title_short Challenges to the left in Central America: a comparative political economy analysis from Structuralist-Keynesian approach
title_sort challenges to the left in central america a comparative political economy analysis from structuralist keynesian approach
topic Sraffian Supermultiplier
Keynesian-Structuralist
Central America
Growth Regimes
Political Economy
url https://revistas.unal.edu.co/index.php/ceconomia/article/view/112575
work_keys_str_mv AT manuelalbertovalenciadelgado challengestotheleftincentralamericaacomparativepoliticaleconomyanalysisfromstructuralistkeynesianapproach
AT juanjoselopezrogel challengestotheleftincentralamericaacomparativepoliticaleconomyanalysisfromstructuralistkeynesianapproach