This book 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 similar external influences to which the 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 equity that the region desperately needs. First Edition Hb (1995): 0-521-36329-2 First Edition Pb (1995): 0-521-36872-3
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The Economic History of Latin America Since Independence tells the story of promise unfulfilled. Despite the region's abundance of natural resources and a favorable ratio of land to labor, not a single republic of Latin America has achieved the status of a developed country after nearly two cent uries free of colonial rule. If anything, the gap between living standards in Latin America and the developed countries has steadily widened since the early nineteenth century. Burdened with the legacy of colonialism and its unequal distribution of resources, Latin America is still a peripheral region in which external influences remain preeminent.
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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