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Economic Development of Latin America : Historical Background and Contemporary Problems - Celso Furtado

Economic Development of Latin America

Historical Background and Contemporary Problems

By: Celso Furtado, Suzette Macedo (Translator)

Paperback Published: 8th August 1977
ISBN: 9780521290708
Number Of Pages: 336

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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.

Industry Reviews

'Probably the most thorough overview of Latin American economic history presently available ... Furtado's most important characteristic as an economist is willingness to consider economic problems in their total complexity; there are no simplifications here and no easy conclusions ...'. Choice 'Professor Furtado's approach is highly professional. He leads his reader with academic thoroughness from a preliminary analysis of the historical roots of Latin Americna social and economic institutions, through the period of the industrial revolution to a more detailed study of such aspects of his subject as foreign trade, regional integration, agrarian reform and restructuring for the future.' Economist ' ... 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

Preface to second edition
Preface to first edition
From the Conquest to the Formation of Nation-States
Introduction: the land and the people
Economic and social background of the territorial occupation
First half of the nineteenth century
Entry into the System of International Division of Labour
The transformation of international trade in the second half of the nineteenth century and its impact on Latin America
Reorientation of the international economy in the present century
Some indicators of the degree of development reached in Latin America
The Traditional Structural Pattern
Characteristics of agrarian structures
Distribution and utilisation of the social income
Monetary and foreign exchange systems
Characteristics of the Industrialisation Process
The industrialisation process (i)
The industrialisation process (ii)
Imbalances created by import-substituting industrialisation: structural inflation
Reorientation of Development in the Recent Period
Evolution of macroeconomic structures
Agricultural sector
Industrial sector
Inadequate growth and the reorientation of development
International Relations
Traditional forms of external dependence
New forms of external dependence
Towards the restructuring of the international economy
Intra-Regional Relations
Integration process in Central America
LAFTA and the Andean group
Structural Reconstruction Policies
Economic planning experiments
Agrarian reforms
Economic aspects of the Cuban Revolution
Present problems and prospects
Table of Contents provided by Publisher. All Rights Reserved.

ISBN: 9780521290708
ISBN-10: 0521290708
Series: Cambridge Latin American Studies (Paperback)
Audience: Professional
Format: Paperback
Language: English
Number Of Pages: 336
Published: 8th August 1977
Country of Publication: GB
Dimensions (cm): 21.39 x 13.79  x 2.41
Weight (kg): 0.39
Edition Number: 2
Edition Type: Revised