The new dependency: Technological change and socioeconomic restructuring in Latin America

This article analyzes the implications for the Latin American societies of the ongoing restructuring of the world economy, which is driven by the accelerated application of science and technology to the production process. After a short review of the current developments at the regional level, the article focuses on Mexico and Bolivia. These two extreme cases, ranging from high-technology industries on the United States-Mexico border to the growth of an underground economy based in the production of coca and cocaine, allow the analysis of new forms of dependency that are already constraining the economic adjustment and the democratization process in Latin America.