Latin America and the World Economy Since 1800

Latin America and the World Economy Since 1800
Author :
Publisher : Harvard University Press
Total Pages : 508
Release :
ISBN-10 : STANFORD:36105021992057
ISBN-13 :
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Book Synopsis Latin America and the World Economy Since 1800 by : John H. Coatsworth

Download or read book Latin America and the World Economy Since 1800 written by John H. Coatsworth and published by Harvard University Press. This book was released on 1998 with total page 508 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Latin American economies, once among the most productive in the world, were already falling behind the advancing economies of the North Atlantic by 1800. A century later, nearly all were "underdeveloped." In the twentieth century, most grew respectably but none managed to catch up. What explains these trends? How important were Latin America's changing relations with the evolving global economy? What hypotheses should be rejected or modified?

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In 1800, the per capita income of the United States was twice that of Mexico and roughly the same as Brazil's. By 1913, it was four times greater than Mexico's