2022-12-16
The economic challenges of post-extractivism in the south: the Colombian case
Publication
Publication
Post-extractivism promotes the reduction of fossil fuel extraction to limit the economy to planetary boundaries. In this research, I will analyse how the external restrictions affect the post-extractive agenda in the south from a heterodox perspective. The question is addressed through a theoretical reflection based on the currency hierarchy theory. Moreover, I analyse the Colombian case using secondary data to confirm my hypothesis. I found that countries with a fossil fuel dependency have a weak position in the monetary system which reduces their policies space. As a result, peripheries cannot strand fossil assets. Otherwise, they will face economic and financial instability. Therefore, economies at the south have to choose between environmental protection or financial instability.
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, , , , , , | |
Lorenzo Pellegrini | |
hdl.handle.net/2105/65432 | |
Economics of Development (ECD) | |
Organisation | International Institute of Social Studies |
Andrés Camilo Rodríguez Ramos. (2022, December 16). The economic challenges of post-extractivism in the south: the Colombian case. Economics of Development (ECD). Retrieved from http://hdl.handle.net/2105/65432
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