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A comprehensive and accessible overview of the economic history of Latin America over the two centuries since Independence. It considers its principal problems and the main policy trends and covers external trade, economic growth, and inequality.
This study, now in a revised and updated third edition, covers the economic history of Latin America from independence in the 1820s to the present. It stresses the differences between Latin American countries while recognizing the external influences to which the whole region has been subject. Victor Bulmer-Thomas notes the failure of the region to close the gap in living standards between it and the United States and explores the reasons. He also examines the new paradigm taking shape in Latin America since the debt crisis of the 1980s and asks whether this new economic model will be able to bring the growth and improvement in equity that the region desperately needs. This third edition contains a wealth of new material that draws on the new research in the area in the past ten years.
This study, now in a revised and updated third edition, covers the economic history of Latin America from independence in the 1820s to the present. It stresses the differences between Latin American countries while recognizing the external influences to which the whole region has been subject. Victor Bulmer-Thomas notes the failure of the region to close the gap in living standards between it and the United States and explores the reasons. He also examines the new paradigm taking shape in Latin America since the debt crisis of the 1980s and asks whether this new economic model will be able to bring the growth and improvement in equity that the region desperately needs. This third edition contains a wealth of new material that draws on the new research in the area in the past ten years.
What is Latin America, after all? While histories of the "other" Americas often link disparate histories through revolutionary or tragic narratives, Latin America since Independence begins with the assumption that our efforts to imagine a common past for nearly thirty countries are deeply problematic. Without losing sight of chronology or regional trends, this text offers glimpses of the Latin American past through carefully selected stories. Each chapter introduces students to a specific historical issue, which in turn raises questions about the history of the Americas as a whole. Key themes include: Race and Citizenship Inequality and Economic Development Politics and Rights Social and Cultural Movements Globalization Violence and Civil Society The short, thematic chapters are bolstered by the inclusion of relevant primary documents – many translated for the first time – including advertisements and posters, song lyrics, political speeches, government documents, and more. Each chapter also includes timelines highlighting important dates and suggestions for further reading. Richly informative and highly readable, Latin America since Independence provides compelling accounts of this region’s past and present. This second edition brings the story up to the present, with revised chapters, new primary documents and images, and a new ‘At A Glance’ feature that uses a selection of maps and tables to illuminate key issues like the economy, the environment, and demographics. For additional information and classroom resources please visit the Latin America since Independence companion website at www.routledge.com/cw/dawson.
Analysis of Latin America's economy focusing on development, covering the colonial roots of inequality, boom and bust cycles, labor markets, and fiscal and monetary policy. Latin America is richly endowed with natural resources, fertile land, and vibrant cultures. Yet the region remains much poorer than its neighbors to the north. Most Latin American countries have not achieved standards of living and stable institutions comparable to those found in developed countries, have experienced repeated boom-bust cycles, and remain heavily reliant on primary commodities. This book studies the historical roots of Latin America's contemporary economic and social development, focusing on poverty and income inequality dating back to colonial times. It addresses today's legacies of the market-friendly reforms that took hold in the 1980s and 1990s by examining successful stabilizations and homemade monetary and fiscal institutional reforms. It offers a detailed analysis of trade and financial liberalization, twenty–first century-growth, and the decline in poverty and income inequality. Finally, the book offers an overall analysis of inclusive growth policies for development—including gender issues and the informal sector—and the challenges that lie ahead for the region, with special attention to pressing demands by the vibrant and vocal middle class, youth unemployment, and indigenous populations.
No detailed description available for "Development and Underdevelopment in America".
Provides the basic economic tools for students to understand the problems in the countries of Latin America. This third edition analyzes challenges to the neoliberal model of development and highlights macroeconomic changes in the region. It explores the contradictions of growth, and focuses on factors of competitiveness.
At the end of World War II, several Latin American countries seemed to be ready for industrialization and self-sustaining economic growth. Instead, they found that they had exchanged old forms of political and economic dependence for a new kind of dependency on the international capitalism of multinational corporations. In the much-acclaimed original Spanish edition (Dependencia y Desarrollo en América Latina) and now in the expanded and revised English version, Cardoso and Faletto offer a sophisticated analysis of the economic development of Latin America. The economic dependency of Latin America stems not merely from the domination of the world market over internal national and "enclave" economies, but also from the much more complex interact ion of economic drives, political structures, social movements, and historically conditioned alliances. While heeding the unique histories of individual nations, the authors discern four general stages in Latin America's economic development: the early outward expansion of newly independent nations, the political emergence of the middle sector, the formation of internal markets in response to population growth, and the new dependence on international markets. In a postscript for this edition, Cardoso and Faletto examine the political, social and economic changes of the past ten years in light of their original hypotheses.
This book offers an innovative, thematic approach to the history of Latin America since independence. It traces continuity and change in colonial legacies that became central political issues following independence: authoritarian governance; a rigid social hierarchy based on race, color, and gender; the powerful Roman Catholic Church; economic dependency; and the large landed estate. Generally, liberals have sought to modify or abolish these legacies in the interest of what they consider progress, while conservatives have attempted to preserve them as much as possible as bastions of their power and privilege. Examining the evolution of these colonial legacies across two centuries reveals the processes that formed the political systems, economies, societies, and religious institutions that characterize Latin America today.