The Economic History of Latin America since Independence

Cover
Half-title
Series-title
Title
Copyright
Dedication
Contents
Tables, figures, and maps
Tables
Figures
Maps
Preface to the second edition
Preface
Abbreviations
1 Latin American economic development: an overview
2 The struggle for national identity from independence to midcentury
The colonial legacy
The economic consequences of independence
The free-trade question
The export sector
The nonexport economy
Regional differences
3 The export sector and the world economy, circa 1850–1914
World demand and the export-led growth model
Export performance
Export cycles
The pattern of external trade
The terms of trade and international transport costs
4 Export-led growth: the supply side
The labor market
Land
Capital markets
Foreign investment
The policy context
5 Export-led growth and the nonexport economy
Domestic-use agriculture
Manufacturing and its origins
Industry and relative prices
Regional differences on the eve of the First World War
6 The First World War and its aftermath
The collapse of the old order
Trade strategies
Exchange-rate, financial, and fiscal reform
External shocks, relative prices, and the manufacturing sector
7 Policy, performance, and structural change in the 1930s
The Depression of 1929
Short-term stabilization
Recovery from the Depression
The international environment and the export sector
Recovery of the nonexport economy
The transition toward inward-looking development
8 War and the new international economic order
Trade and industry in the Second World War
Trade surpluses, fiscal policy, and inflation
The postwar dilemma
The new international economic order
9 Inward-looking development in the postwar period
The inward-looking model
Outward-looking countries
Regional integration
Growth, income distribution, and poverty
10 New trade strategies and debt-led growth
Export promotion
Export substitution
Primary-export development
The state, public enterprise, and capital accumulation
Debt-led growth
11 Debt, adjustment, and the shift to a new paradigm
From debt crisis to debt burden
External adjustment
Internal adjustment, stabilization, and the exchange-rate problem
Growth, equity, and inflation since the debt crisis
Latin America and globalization
12 Conclusions
APPENDIX 1 Data sources for population and exports before 1914
Population
Exports
Argentina
Bolivia
Brazil
Chile
Colombia
Costa Rica
Cuba
Dominican Republic
Ecuador
El Salvador
Guatemala
Haiti
Honduras
Mexico
Nicaragua
Paraguay
Peru
Puerto Rico
Uruguay
Venezuela
APPENDIX 2 The ratio of exports to gross domestic product, the purchasing power of exports, and the volume of exports, circa…
The ratio of exports to GDP
The purchasing power of exports
The volume of exports
APPENDIX 3 Gross domestic product per head, 1913, 1928, 1980, and 2000
Argentina
Bolivia
Brazil
Chile
Colombia
Cuba
Dominican Republic
Ecuador
Haiti
Mexico
Panama
Paraguay
Peru
Puerto Rico
Uruguay
Venezuela
Bibliography
Index