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This book provides a comprehensive, balanced portrait of the factors affecting economic progress in Latin America.
This book examines the economic history of the Caribbean in the two hundred years since the Napoleonic Wars and is the first analysis to span the whole region. It is divided into three parts, each centered around a particular case study: the first focuses on the nineteenth century ("The Age of Free Trade"); the second considers the period up to 1960 ("The Age of Preferences"); and the final section concerns the half century from the Cuban Revolution to the present ("The Age of Globalization"). The study makes use of a specially constructed database to observe trends across the whole region and chart the progress of nearly thirty individual countries. Its findings challenge many long-standing assumptions about the region, and its in-depth case studies shed new light on the history of three countries in particular, namely Belize, Cuba, and Haiti.
In this book Victor Bulmer-Thomas uses his previously unpublished estimates of the national accounts to explore economic and social development in the five Central American republics from 1920. He examines in detail variations in economic policy between countries which help to account for differences in performance. The major political developments are woven into the analysis and linked to changes in internal and external conditions. Growth under liberal oligarchic rule in the 1920s, heavily dependent on exports of coffee and bananas, was accompanied by modest reform programmes. The 1929 depression, which hit the region hard, undermined most of the reforms and ushered in a period of dictatorial rule in all republics except Costa Rica. The Second World War, particularly after the entry of the United States, at first strengthened the dictatorships, but ultimately produced challenges to rule by authoritarian caudillos. The social upheavals accompanying the post-war export-led boom forced governments in each republic to address the question of economic, social and political reform.
An indispensable reference work for anyone interested in Latin America's economic development.
This volume explores the global history of natural dyes from the Americas and asks how their production and trade have shaped globalisation since early modern times. From their extraction and processing to their overseas trade, it shows how this commodity contributed to the rise of the textile industry and consumption in Europe, the United States and Latin America. In doing so, it sheds new light on the emergence of a global economy. Spanning several centuries, Colours, Commodities and the Birth of Globalization takes the reader from 1500 through the industrial revolutions of Europe and the United States and culminates in the synthetic age of the late-19th and early-20th centuries. Ranging from the indigo trade in the Atlantic to the secrets of the Indian production of cochineal, the chapters in this collection transcend nationally bounded historical narratives and explore transoceanic dynamics, imperial ambitions and the cross-cultural exchange of knowledge and techniques to better understand the birth of globalization.
Building on the earlier Economic History of the Caribbean since the Napoleonic Wars (2012) with its pan-Caribbean focus, Victor Bulmer-Thomas examines the Caribbean region on a country-by-country basis. Divided into four parts covering the language territories of the region, Bulmer-Thomas deftly analyses the economic history of the coun
First published in 1998, this collection of essays deals with four different areas of international economics: the theory of international trade, trade and development, protectionism and factor movements (notably migration and foreign aid). These themes explore the determinants of trade patterns, the relation between these patterns and those of underdevelopment and development, the failure of protectionism to increase welfare and, finally, the impact of emigration on the source country and that of foreign aid on the recipient country.
Current perspectives on Latin America’s role in the world tend to focus on one question: Why is Latin America always falling behind? Analysts and scholars offer answers grounded in history, economic underdevelopment, or democratic consolidation. Bagley and Horwitz, however, shift the central question to ask why and to what extent does Latin America matter in world politics, both now and in the future. This text takes a holistic approach to analyze Latin America’s role in the international system. It invokes a combination of global, regional, and sub-regional levels to assess Latin America’s insertion into a globalized world, in historical, contemporary, and forward-looking perspectives. Conventional international relations theory and paradigms, introduced at the beginning, offer a useful lens through which to view four key themes: political economy, security, transnational issues and threats, and democratic consolidation. The full picture presented by this book breaks down the evolving power relationships in the hemisphere and the ways in which conflict and cooperation play out through international organizations and relations.
This book examines the economic history of the Caribbean in the two hundred years since the Napoleonic Wars and is the first analysis to span the whole region. It is divided into three parts, each centered around a particular case study: the first focuses on the nineteenth century ('The Age of Free Trade'); the second considers the period up to 1960 ('The Age of Preferences'); and the final section concerns the half century from the Cuban Revolution to the present ('The Age of Globalization'). The study makes use of a specially constructed database to observe trends across the whole region and chart the progress of nearly thirty individual countries. Its findings challenge many long-standing assumptions about the region, and its in-depth case studies shed new light on the history of three countries in particular, namely Belize, Cuba and Haiti.