We present an intrinsic interpretation for the recently reported radio
variability in the southern blazar PKS 0521 -365. A shocked jet model
can account for the quasi-periodical variations in the flux density o
f the source by means of inhomogeneities in the electron density with
a quasi-periodic distribution along a jet in which a relativistic stro
ng shock is propagating. These inhomogeneities are naturally produced
by the effects of Kelvin-Helmholtz instabilities in the hypersonic par
sec scale jet. The quasi-linear evolution of the polarization position
angle can be understood as an effect of the ''illumination'' of succe
ssive cross sections with different mean field orientation or as a con
sequence of the shock propagation through a turbulent region in the je
t. The high brightness temperature problem introduced by the short tim
escale varibility is solved invocating relativistic boosting with a mo
derately small viewing angle in agreement with the known structure of
the source. In this context, several parameters are estimated.