An Economic History of Twentieth-Century Latin America: Volume 3: Industrialization and the State in Latin America: The Postwar Years (St Antony's Series)

This book explores the impact on Latin America of the extraordinary transformation of the international economy that took place in the half century or so that preceded the world depression of the 1930s. The authors show how the response varied in terms of both growth and distribution, shaped by varying preconditions, and by natural resources and geography. The interplay of economic developments with political and social structures had profound and varied effects on policy-making and on institutions that were of great significance for later decades. Front Matter....Pages i-xiv Introduction....Pages 1-35 Technological Learning, Institution Building and the Microeconomics of Import Substitution....Pages 36-57 ECLA and the Theory of Import Substituting Industrialization in Latin America....Pages 58-97 The Influence of International Financial Institutions on ISI....Pages 98-113 The Industrialization of Chile during Protectionism, 1940–82....Pages 114-153 Import Substitution and Growth in Brazil, 1890s–1970s....Pages 154-175 The Process of Accelerated Industrialization in Mexico, 1929–82....Pages 176-204 Industrialization in Venezuela, 1936–83: The Problem of Abundance....Pages 205-238 Colombia in the Classical Era of ‘Inward-Looking Development’, 1930–74....Pages 239-281 Import-Substituting Industrialization in Argentina, 1940–80: Its Achievements and Shortcomings....Pages 282-313 Import Substitution, Economic Integration and the Development of Central America, 1950–80....Pages 314-334 Back Matter....Pages 335-345

This is the new edition of the highly acclaimed Latin America in the 1930s, a text which has proved invaluable for teachers, researchers and students alike. The second edition has been revised and updated, including a new preface and updated statistical material, to form the second volume in the Economic History of Twentieth-Century Latin America. This book confronts the puzzle of Latin America's rapid recovery from the collapse in world markets and capital flows in the late 1920s. It shows how far the safety valves which made recovery possible in the 1930s were not available fifty years later. It documents the impact of crisis on the changing role of the state and on institutional development. The Central American case studies have been updated with significantly improved data.

Choice

...extremely well-written,relatively comprehensive,and analytically challenging...researchers will find them immensely important.

"In the 1990s, 'protection', 'import substitution' and 'intervention' have become dirty words, part of the 'leyenda negra' of Latin America development in the postwar period. This book attempts a fresh look at the controversial years between the end of the Second World War and the point when, at varying dates in different countries, a discontinuity occurs in which the postwar 'style of development' ceased to play a central role in the economic evolution of the region. The analysis is based on seven case studies covering eleven countries." -- Provided by publisher V. 1. The Export Age : The Latin American Economies In The Late Nineteenth And Early Twentieth Centures / Edited By Enrique Cárdenas, José Antonio Ocampo, And Rosemary Thorp -- V. 2. Latin America In The 1930s : The Role Of The Periphery In World Crisis / Edited By Rosemary Thorp -- V. 3. Industrialization And The State In Latin America : The Postwar Years / Edited By Enrique Cárdenas, José Antonio Ocampo, And Rosemary Thorp. Includes Bibliographical References And Index.