This paper seeks to carve out the extent to which this broader tectonic shift was underpinned by intellectual exchange between Latin America and Europe. I will focus on the European borrowings of Latin American intellectuals such as José Carlos Mariátegui, Víctor Raúl Haya de la Torre or Gilberto Freyre in order to problematize the relationship between the transnational circuits of ideas in which their writings were embedded and their efforts at constructing national identities in contradistinction to Western universalism. In relation to the panel’s overarching questions, I will argue that in spite of global socio-economic catalysts such as the world depression, the underlying reasons for the trend towards illiberal modernization projects in Latin America tended to be ideological rather than structural in nature. Furthermore, I will stress that although this trend nurtured itself from a canon of (mostly) European authors whose writings were widely discussed across Latin America, the meanings that such appropriations acquired crucially depended on more local intellectual debates.