The Economic History of Latin America Since Independence

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Cambridge University Press, Aug 4, 2003 - Business & Economics - 481 pages
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A comprehensive balanced portrait of the factors affecting economic development in Latin America, first published in 2003.
  

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This is understandable even if you aren't an economics or political science major and if you are feeling lost in such a class and need to supplement your knowledge of Latin American economic policy and history, this book is ideal. it's also arranged so that it is fairly easy to find and pick out specific information you might be looking for. A good source for papers as an overview. 

Contents

Latin American economic development an overview
1
The struggle for national identity from independence to midcentury
19
The colonial legacy
22
The economic consequences of independence
28
The freetrade question
31
The export sector
33
The nonexport economy
38
Regional differences
42
Recovery from the Depression
204
The international environment and the export sector
211
Recovery of the nonexport economy
218
The transition toward inwardlooking development
226
War and the new international economic order
232
Trade and industry in the Second World War
233
Trade surpluses fiscal policy and inflation
242
The postwar dilemma
250

The export sector and the world economy circa 18501914
46
World demand and the exportled growth model
50
Export performance
57
Export cycles
69
The pattern of external trade
72
The terms of trade and international transport costs
78
Exportled growth the supply side
82
The labor market
84
Land
91
Capital markets
95
Foreign investment
101
The policy context
107
Exportled growth and the nonexport economy
117
Domesticuse agriculture
119
Manufacturing and its origins
127
Industry and relative prices
137
Regional differences on the eve of the First World War
146
The First World War and its aftermath
152
The collapse of the old order
153
Trade strategies
161
Exchangerate financial and fiscal reform
171
External shocks relative prices and the manufacturing sector
180
Policy performance and structural change in the 1930s
189
The Depression of 1929
191
Shortterm stabilization
196
The new international economic order
259
Inwardlooking development in the postwar period
268
The inwardlooking model
270
Outwardlooking countries
280
Regional integration
288
Growth income distribution and poverty
298
New trade strategies and debtled growth
313
Export promotion
316
Export substitution
323
Primaryexport development
330
The state public enterprise and capital accumulation
339
Debtled growth
346
Debt adjustment and the shift to a new paradigm
353
From debt crisis to debt burden
355
External adjustment
363
Internal adjustment stabilization and the exchangerate problem
372
Growth equity and inflation since the debt crisis
382
Latin America and globalization
389
Conclusions
392
Data sources for population and exports before 1914
411
The ratio of exports to gross domestic product the purchasing power of exports and the volume of exports circa 1850 to circa 1912
419
Gross domestic product per head 1913 1928 1980 and 2000
423
Bibliography
431
Index
461
Copyright

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About the author (2003)

Victor Bulmer-Thomas is Emeritus Professor of Economics at the University of London and Honorary Professor with the Institute of the Americas, University College London. He is also a Senior Distinguished Fellow of the School of Advanced Study at the University of London; an Associate Fellow in the Americas Program at Chatham House, where he was the Director from 2001 to 2006; and was Director of the Institute of Latin American Studies, University of London, from 1992 to 1998. His publications include The Economic History of the Caribbean Since the Napoleonic Wars (2012), The Political Economy of Central America Since 1920 (1987) and Input-Output Analysis for Developing Countries (1982). He is also co-editor of The Cambridge Economic History of Latin America (2006).

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