First published in 1970, this study is concerned with both the theoretical and the practical problems involved with agricultural development and economic integration in Latin America, with particular emphasis on those countries which are embraced by the Latin American Free Trade Association.The work falls into three parts: the agricultural development of the region; a consideration of how the creation of a common market might influence the pattern of agricultural development and trade within the region; and a brief history of the Latin American Free Trade Association with special reference to agriculture.
Part I: Agricultural Development 1. Natural Resources 2. The Performance of the Agricultural Sector 3. The Declining Share of Agriculture 4. Selected Aspects of Agricultural and Economic Development in LAFTA 5. The Necessary Conditions for Agricultural Development Part II: Agricultural Development and Economic Integration 6. Introduction 7. Economies of Scale and Diseconomies of Small Size in Agriculture 8. Intra-Regional and World Agricultural Trade of LAFTA Countries 9. Trade Expansion and Regional Import Substitution in Agriculture 10. Prices and Price Policy, Costs of Inputs and Technological Change 11. Free Trade, Unemployment and the Backward Subsector 12. Conclusion Part III: Special Effects of Agricultural Integration 13. A Short History of the Latin American Free Trade Association with Special Reference to Agriculture 14. LAFTA Import-Substitution and Integration in Wheat: A Case Study