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April 25, 2026Global Perspectives

The Rule of Private Initiative in Development: An Institutional Legacy of Peruvian Neoliberalism (1960–1970)

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Authors

CCCesar J. Castillo-García

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Overview

This article examines private initiative's role in neoliberal development in Peru, suggesting a new understanding of state-led reforms.

Key Points

  • This article aims to explore the evolution of Peruvian neoliberalism in the 1960s and its relationship with state policies.
  • Analyzed archival sources to reconstruct the network of actors in Peruvian neoliberalism.
  • Examined the influence of ordoliberalism and conservative Catholicism on neoliberal policies.
  • Investigated the role of business associations and educational institutions in institutionalizing neoliberal development.
  • Identified the concept of neoliberal developmentalism as key to Peruvian neoliberal policies.
  • Demonstrated that neoliberals appropriated state-led reforms like industrialization and land planning in support of private enterprise.
  • Highlighted the involvement of diverse actors, including businessmen and economists, in shaping the neoliberal agenda.

Cite This Study

Cesar J. Castillo-García (2026) studied this question.

synapsesocial.com/papers/69ec5b2388ba6daa22dacbd0https://doi.org/10.1525/gp.2026.158898
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