A theoretical framework to study accumulation regimes and crises in Colombia

The neorealist approach to institutional change has the merits of emphasising the importance of the Dominant Social Bloc (DSB) in institutions, and of integrating economics, society, and politics in the formation and breakdown of the DSB. Since this approach was not designed for Colombia, it is necessary to integrate certain characteristics, such as economic dependence, armed conflict, and drug trafficking. This paper presents the first theoretical adaptation of the neorealist approach for a Latin American country. This extended theoretical framework evinces the role of crime and violence in providing political stability to an accumulation regime that satisfies the demands of a narrow DSB.