Abstract

After the Cold War and the fall of Berlin Wall in 1989 a new world order led by the USA emerges as the axis of a new unipolar order that brings with it economic liberalization and the globalization process implanted an economic strategy nurtured in the spirit of liberalism Adam Smith s 18th century economic economy from Laissez Faire Laissez Passer upholds the economic self-regulation of nations without state intervention Currently becoming the neoliberal strategy that has dominated the world scene for more than forty years Although its planetary implementation has generated benefits due to the associated boom in international trade in the global market it has also led to adverse effects in different ways and intensities both among developed and peripheral economies Such as a greater economic distancing between rich and poor at the planetary level regional imbalances and greater polarization of wealth in peripheral economies and multiple externalities and exacerbation of their structural problems