Economic Development of Latin America
Historical Background and Contemporary Problems

Celso Furtado (Author), Suzette Macedo (Translated by)

9780521290708, Cambridge University Press

Paperback, published 29 April 1977

336 pages
21.6 x 13.8 x 2.3 cm, 0.43 kg

' … surprisingly successful, eminently readable and a mine of useful information and ideas for the economic historian or development economist turning his attention to this area … even the expert might be glad to have this well-informed and well-stocked volume on his shelves.' Economic Journal

This is an introductory survey of the history and recent development of Latin American economy and society from colonial times to the establishment of the military regime in Chile. In the second edition the historical perspective has been enlarged and important events since the Cuban Revolution, such as the agrarian reforms of Peru and Chile, the difficulties of the Central America Common Market and LAFTA, the acceleration of industrialisation in Brazil and the consolidation of the Cuban economy, are discussed. The statistical information has been extended to the early 1970s and the demographic data to 1975.

Tables
Preface to second edition
Preface to first edition
Abbreviations
Maps
Part I. From the Conquest to the Formation of Nation-States: 1. Introduction: the land and the people
2. Economic and social background of the territorial occupation
3. First half of the nineteenth century
Part II. Entry into the System of International Division of Labour: 4. The transformation of international trade in the second half of the nineteenth century and its impact on Latin America
5. Reorientation of the international economy in the present century
6. Some indicators of the degree of development reached in Latin America
Part III. The Traditional Structural Pattern: 7. Characteristics of agrarian structures
8. Distribution and utilisation of the social income
9. Monetary and foreign exchange systems
Part IV. Characteristics of the Industrialisation Process: 10. The industrialisation process (i)
11. The industrialisation process (ii)
12. Imbalances created by import-substituting industrialisation: structural inflation
Part V. Reorientation of Development in the Recent Period: 13. Evolution of macroeconomic structures
14. Agricultural sector
15. Industrial sector
16. Inadequate growth and the reorientation of development
Part VI. International Relations: 17. Traditional forms of external dependence
18. New forms of external dependence
19. Towards the restructuring of the international economy
Part VII. Intra-Regional Relations: 20. Integration process in Central America
21. LAFTA and the Andean group
Part VIII. Structural Reconstruction Policies: 22. Economic planning experiments
23. Agrarian reforms
24. Economic aspects of the Cuban Revolution
25. Present problems and prospects
Bibliography
Index.

Subject Areas: Microeconomics [KCC]