Abstract

CRESPILHO LOURENCO, Fabiano. El silencio académico sobre el Banco del Sur. Prob. Des [online]. 2010, vol.41, n.160, pp.135-154. ISSN 0301-7036.

The initial stimulus to the Banco del Sur was related to the ideas of the Bolivarian Alternative for the Peoples of Our America and to a critique of the capitalist system. But since 2006, the discourse of various actors on the Banco del Sur project has been modified and has ended up being transformed into conservative proposals aimed at creating a mechanism to protect the regional elite from the present world economic crisis. The proposal of this article is to outline the academic perspectives in the debate accompanying the trajectory of construction for the Banco del Sur to July, 2009, in order to promote a critique capable of reversing the present alignment of the project with the patterns of reproduction of the international financial system's expansion mechanisms in the regional orbit that will help to bring about a break with the model of development financing represented by the existing multilateral financial institutions.

Keywords : Banco del Sur; capitalist system; economic crisis; international financial system.