a critique and evaluation on latin american theories of development after the cold war

with the expression of the modernization theory as the dominant paradigmof development during the 1950s, approaches towards development were extracted from this paradigm. but with the birth of the attachment school ofthought, the modernization theory was scrutinized. for latin american countries  however,  the  attachment  school  of  thought  was  considered  amarxist ideology up until the end of the cold war. towards the end of thecold war, and with the changes that took place in the international system, marxist  visions,  including  the  attachment  school  of  thought  were  alsoscrutinized due to a lack of resources. latin american countries were able todistance  themselves  from  the  attachment  system,  and  instead  establish proper relations with advanced countries that helped their development. theaim of this study is examine and criticize common visions regarding thedevelopment of latin american countries after the cold war era. according to  the  findings  in  this  paper,  latin  american  countries  are  advancing towards growth and development through their approaches to structural and institutional globalization of economics.