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Latin American Economic History: An Introduction to Daily Life, Debt, and Development guides readers through significant features and developments in the region’s economic history from independence through 2022. In approachable language, the book introduces readers to relevant New Economic History concepts and explains important characteristics of Latin America, such as the region’s high volatility, rapid urbanization experience, the continued prominence of commodities, and its culture of informality. The volume provides explicit connections between culture, politics, and economics over five distinct time periods. Readers will learn how Cinco de Mayo featured into foreign debt repayments in the nineteenth century, how novels like Gabriel García Márquez’sOne Hundred Years of Solitude reflected on the expansion of railroads during a period of export-led growth, and how a United States federal reserve interest hike in 1979 sent the region into the Lost Decade. When considered collectively, the region’s economic trajectory demonstrates that development does not always accompany economic growth. This is an accessible introductory text with clear definitions and discussions of relevant economic concepts, which will be a valuable resource for students of Latin American economic, cultural, and political history.
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Keywords
- 1919 Peru General Strike
- 1978 ABC Metalworker’s Strike
- 1982 Peso Crisis
- Baring Crisis
- Cinco de Mayo
- Cuban Revolution
- Economic Commission on Latin America
- General Agreement on Tariffs and Trade
- Gini coefficient
- Human capital
- Human Development Index
- Industrialization
- Mexican revolution
- Monroe doctrine
- NAFTA
- Nicolás Maduro
- Rio Branco Law
- thema EDItEUR::K Economics, Finance, Business and Management::KC Economics::KCB Macroeconomics
- thema EDItEUR::K Economics, Finance, Business and Management::KC Economics::KCM Development economics and emerging economies
- thema EDItEUR::K Economics, Finance, Business and Management::KC Economics::KCZ Economic history
- thema EDItEUR::N History and Archaeology::NH History::NHK History of the Americas
- United Fruit Company
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DOI: 10.4324/9781003283843Editions