1st Edition

Setbacks and Advances in the Modern Latin American Economy

Edited By Pablo A. Baisotti Copyright 2022
    392 Pages 16 B/W Illustrations
    by Routledge

    392 Pages 16 B/W Illustrations
    by Routledge

    This volume explores several notable themes related to the economy in Latin America and offers insightful historical perspectives to understand national, regional, and global issues in the continent since the beginning of the 20th century to the present day. The collected essays focus on economic crises, the relationship of growth models to society and politics, the fluctuations of local economies, and regional protests. Other aspects of consideration in this area include the evolution of integrated regional trading blocs, the informal economy, and the destruction of the productive potential that has had a serious social, cultural, and environmental impact. The volume refuses to impose a traditional and uncritical linear historical narrative onto the reader and instead proposes an alternative interpretation of the past and its relation to the present.


    Pablo A. Baisotti

    1. Why Do Latin American Countries Suffer from Long-Term Economic Stagnation?

    Pierre Salama

    2. Refeudalization in Latin America: On Social Polarization and the Money Aristocracy in the 21st Century

    Olaf Kaltmeier

    3. New Patterns of Political and Economic Dependency: The China–Latin America Relationship

    Juan Carlos Gachúz Maya and María Paula M. Aguilar Romero

    4. The Argentine Foreign Debt: A Recursive Trap in Two Hundred Years Fighting for Sovereignty

    Mario Rapoport and Noemí Brenta

    5. End of the Cycle: The International Court of Justice Ruling in the Case of Chile and Bolivia and Its Commercial Implications

    Loreto Correa Vera

    6. Economic History, Developmentalism and Neoliberalism in Contemporary Brazil

    Gustavo Oliveira and Ivan Daniel Müller

    7. Capitalism and Labor Exploitation in Brazil: Human Trafficking and Slave Labor

    Élio Gasda

    8. The Latin American Economies Since c.1950: Ideas, Policy and Structural Change

    Colin M. Lewis

    9. The Dependency Hypothesis: A Theoretical Moment in Latin American Thought

    Felipe Lagos-Rojas and Edward L. Tapia

    10. The Transnational Endeavor of ECLAC for the Latin American Development

    Veridiana Domingos Cordeiro

    11. The Evolution of Capital Markets in Latin America

    John C. Edmunds

    12. Workers' Self-Management in Latin America: From the First Cooperatives to the Workers’ Recuperated Enterprises

    Andrés Ruggeri

    13. Economic Policies and Development in Chile: From Dictatorship to Democracy, 1973–2013

    Ricardo Ffrench-Davis

    14. The Economic Development of Costa Rica Based on Public Policies from 1920 to 2020: The Model of Social Economy with a Sustainable and Cooperative Approach

    Federico Li Bonilla and Monserrat Espinach Rueda


    Pablo A. Baisotti is currently a Research Assistant at the Department of Latin American Studies (ELA) at the University of Brasilia and an external Professor at the Institute of Iberian and Ibero-American Studies at the University of Warsaw.