The Economic History of Latin America since Independence

BeginningwiththeintegrationofLatinAmericaintotheworldtradingsystemcenteredonEuropeandNorthAmericaduringthecenturybefore1930,this2003bookexploresthesuccessesandfailuresofexport-ledgrowth.Usingnewdataonexportsandasimplemodeltoexploretherelationshipbetweenexportsandgrowth,theauthorpaysparticularattentiontothequestionthathasmostconcernedpolicy-makersinLatinAmerica:howtotransfergrowthintheexportsectortotherestoftheeconomy,raisinglivingstandardsandrealincomeperhead.TheauthorexaminestheroutesthroughwhichLatinAmericanrepublicsextricatedthemselvesfromthedebtprobleminpursuitofanewversionofexport-ledgrowth.Takingitsnarrativefromtheendofthecolonialepochtothepresent,thisbookprovidesacomprehensivebalancedportraitofthefactorsaffectingeconomicdevelopmentinLatinAmerica.