Volume 44, Number 173,
April-June 2013
Towards a New Development Model?
From a Regulatory Perspective. Argentina 2003-2010
Ignacio de Angelis*, Mariana Calvento** and Mariano Roark***
Date received: April 10, 2012. Date accepted: July 5, 2012

This article proposes an analysis of the post-convertibility development model within the current process of the transformation of capitalism and overcoming the neoliberal phase as a development strategy. We present the theory of regulation as the theoretical framework on which our study and conceptualization of the development model rests. From there, we advance in defining the key elements of the development strategy that led to the 2001 crisis, making way to reorganize the social and economic structures of Argentinean capitalism. In this context, we analyze the configuration of the development model from 2003-2010 to determine the scope of transformation relative to the neoliberal cycle.

Keywords: Argentina, development model, theory of regulation.

This work analyzes a time period (2003-2010) marked by the collapse of neoliberalism and the start of a new cycle of transition in Argentinean development. In this context, a regulatory perspective makes this analysis more relevant, in order to explore if the economic and social structures underwent sufficient change so as to classify a new development strategy.

The regulation school uses a broad objective to evaluate the state of development: the search for structural conditions of reproduction and modes of development starting with the study of the transformations and crises of capitalism (Aglietta, 1979: 337-339). In this way, with an economic point of view inherited from Marxism, this school of thought analyzes the contradictions of capitalism and conflicts of interest in social relations to identify the causes that hinder development and allow the reproduction of inequality.

In order to understand how capitalism is restructured as a result of crises, regulation theory proposes the study of institutional forms – understood as the codifications of fundamental social relations that promote, condition or restrict behavior in society – that constitute the mode of regulation and allow a mode of production to persist in a determined historical setting (Boyer, 2007: 48). In this way, the regulation school proposes a dialectic analysis of development models, understanding them as a link between a production mode and a specific regulation mode (Boyer and Seillard, 1997: 208).

The purpose of this work is to provide a general vision of development in Argentina, including the specific details of an enormously complex process, where systemic political, economic and social elements, both external and internal, play a role in its determination.

In this regard, this work seeks to contribute to the debate surrounding the conceptualization of development in a context where neoliberalism can be overcome. Furthermore, this text seeks to analyze and characterize national development to identify specific factors that differentiate the 2003-2010 time period. The task of identifying a new cycle of national development is rather complex. As such, we will seek to shed light on the following questions, grouped into two main areas.

First, regarding the crisis of Argentinean neoliberal capitalism, this study aims to explore the following ideas: What did the 2001 crisis mean for Argentinean capitalism? Does this crisis represent an exhaustion of the neoliberal strategy or could it serve as an argument for its restructuring, disrupting the factors that allowed its reproduction?

The second set of guiding questions relates to the reorganization of capitalist structures starting in 2003, and limits on the strategy to set up a new development model. To this respect, we seek to answer the following questions: What features characterize economic and social development in this new period? Are there factors that make the new mode of regulation different from the neoliberal structure? Did this new strategy have a significant impact on social indicators? Is there evidence to support changing the productive structure and accumulation process? What factors allow neoliberal structures to persist? What concrete processes, policies and initiatives had a differentiating impact on neoliberal forms? What sectors are relevant as factors in slowing or accelerating national development starting in 2003?

*   Research Assistant at the Universidad Nacional del Centro de la Provincia de Buenos Aires, Argentina. E-mail: deangelisignacio@gmail.com

** Researcher at the Universidad Nacional del Centro de la Provincia de Buenos Aires, Argentina. E-mail: marianacalvento@yahoo.com.ar

***Researcher at the Universidad Nacional del Centro de la Provincia de Buenos Aires, Argentina. E-mail: marianoroark@hotmail.com

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Published in Mexico, 2012-2018 © D.R. Universidad Nacional Autónoma de México (UNAM).
PROBLEMAS DEL DESARROLLO. REVISTA LATINOAMERICANA DE ECONOMÍA, Volume 49, Number 195 October-December 2018 is a quarterly publication by the Universidad Nacional Autónoma de México, Ciudad Universitaria, Coyoacán, CP 04510, México, D.F. by Instituto de Investigaciones Económicas, Circuito Mario de la Cueva, Ciudad Universitaria, Coyoacán,
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