Book Reviews

2015 ◽  
Vol 53 (4) ◽  
pp. 1039-1040

David S. C. Chu of Institute for Defense Analyses reviews “The Great Depression in Latin America”, by Paulo Drinot and Alan Knight. The Econlit abstract of this book begins: “Ten papers examine the consequences of the Great Depression in Latin America in terms of the role of the state, party-political competition, and the formation of working-class and other social and political movements, and consider how regional transformations interacted with, and differed from, global processes. Papers discuss the impact of the Great Depression on Argentine society (Roy Hora); Chilean workers and the Great Depression, 1930–38 (Angela Vergara); change with continuity—Brazil from 1930 to 1945 (Joel Wolfe); the Great Depression in Peru (Paulo Drinot and Carlos Contreras); export protectionism and the Great Depression—multinational corporations, domestic elite, and export policies in Colombia (Marcelo Bucheli and Luis Felipe Sáenz); political transition in an age of extremes—Venezuela in the 1930s (Doug Yarrington); indigenista dictators and the problematic origins of democracy in Central America (Jeffrey L. Gould); the character and consequences of the Great Depression in Mexico (Alan Knight); Cuba—depression, imperialism, and revolution, 1920–40 (Gillian McGillivray); and the Great Depression in Latin America—an overview (Knight). Drinot is Senior Lecturer in Latin American History with the Institute of the Americas at University College London. Knight is Professor of the History of Latin America at the University of Oxford.”

Author(s):  
Cristian Paúl Naranjo Navas ◽  
Andrés David Naranjo Navas ◽  
Alegría Cumandá Navas Labanda

<p><strong>Abstract </strong></p><p>This investigation started with an inquiry: did the Great Depression impact Latin America similarly? Does the case of Ecuador represent a point of dissimilarity? Ecuador does represent an atypical case in the region. The data presented in this study shows that the impact of the Great Depression in Latin America was uneven: while the region declined sharply from 1929 to 1932, and since 1933 it registers signs of accelerated growth, Ecuador remained stagnant throughout the decade studied.</p><p>However, the development of some macroeconomic data are similar in the entire region because of the close commercial links with the United States of America. The evolution of foreign trade and public finances were similar: a profound reduction until 1932-1933, and then a quick recovery.</p><p>Finally, the Great Depression represents a break point in Latin American: the growth of the region passes from depending on the external trade to a development that focused on the ingrowth.</p>


2010 ◽  
Vol 66 (3) ◽  
pp. 379-392
Author(s):  
Vincent Peloso

Stanley J. Stein, Walter Samuel Carpenter III Professor of Spanish Civilization and Culture and Professor of History, Emeritus, at Princeton University, is a lifelong Latin Americanist. Together with his late wife Barbara, herself an accomplished bibliographer and historian of the region, Professor Stein wrote several books and articles that put their stamp on methods of writing the social history of modern Latin America, specifically on the impact of colonialism and industrialism in Mexico and Brazil in the eighteenth and nineteenth centuries. It is fair to say that no one who studied Latin American history over the last 35 years would have failed to engage the slim, elegantly written synthesis, The Colonial Heritage of Latin America: Essays on Economic Dependence in Perspective (1970). Recipients of grants and fellowships from the Social Science Research Council, the Guggenheim Memorial Foundation, and the National Endowment for the Humanities, singly or together, the Steins were honored for their path-breaking studies with the CLAH Robertson and Bolton prizes, the Conference on Latin American History Distinguished Service Award (1991), and the American Historical Association Award for Scholarly Distinction (1996).


2010 ◽  
Vol 66 (03) ◽  
pp. 379-392
Author(s):  
Vincent Peloso

Stanley J. Stein, Walter Samuel Carpenter III Professor of Spanish Civilization and Culture and Professor of History, Emeritus, at Princeton University, is a lifelong Latin Americanist. Together with his late wife Barbara, herself an accomplished bibliographer and historian of the region, Professor Stein wrote several books and articles that put their stamp on methods of writing the social history of modern Latin America, specifically on the impact of colonialism and industrialism in Mexico and Brazil in the eighteenth and nineteenth centuries. It is fair to say that no one who studied Latin American history over the last 35 years would have failed to engage the slim, elegantly written synthesis, The Colonial Heritage of Latin America: Essays on Economic Dependence in Perspective (1970). Recipients of grants and fellowships from the Social Science Research Council, the Guggenheim Memorial Foundation, and the National Endowment for the Humanities, singly or together, the Steins were honored for their path-breaking studies with the CLAH Robertson and Bolton prizes, the Conference on Latin American History Distinguished Service Award (1991), and the American Historical Association Award for Scholarly Distinction (1996).


Author(s):  
N. M. Yakovleva ◽  
P. P. Yakovlev

Among all the regions of the world, Latin America has been the most vulnerable to the spread of the coronavirus epidemic. The COVID-19 pandemic not only exposed the weaknesses of national health systems, but also served as a catalyst for the crisis socio-economic phenomena that have developed in the region over the past decade. The impact of the pandemic should serve Latin America as a clear lesson and motivate the local political and business establishment to make a significant adjustment to the content of the regional development strategy. It is logical, in our opinion, to raise the question of rethinking the role of the state in public life, the development of a modern, meeting the requirements of the moment, the Latin American concept of epidemiological and socio-economic security. In the post-covid period, at the center of public attention and targeted government efforts ought to be the challenges of radically improving health care through the priority development of those sectors of the economy that can provide diversification and, as a result, increase the level of crisis-sustainability of Latin American states. First of all, they should focus on the manufacturing industry, including the production of a wide range of medicines and equipment, as well as the sectors that ensure the development and modernization of socio-economic infrastructure: utilities, transport, alternative energy, telecommunications. In the field of international relations, the importance of cooperation with those States that have pioneered the development of COVID-19 coronavirus vaccines has increased significantly. In this context, it must be mentioned the interest that the registration in the Russian Federation of the first domestic vaccine Sputnik V provoked in Latin America.


2004 ◽  
Vol 36 (2) ◽  
pp. 205-232 ◽  
Author(s):  
JOHN H. COATSWORTH ◽  
JEFFREY G. WILLIAMSON

This article reports a fact that has not been well appreciated: tariffs in Latin America were the world's highest long before the Great Depression. This is a surprising fact, given that Latin America is believed to have exploited globalisation forces better than most regions before the 1920s, and given that the 1930s have always been viewed as the critical decade when Latin American policy became so anti-global. The explanation does not lie with imagined output gains from protection in these young republics, but rather with state revenue needs, strategic responses to trading partner tariffs and a need to compensate globalisation's losers.


Author(s):  
Juan Flores Zendejas

Abstract Many of today's central banks in Latin America were established in the interwar period. During the 1920s, most of them were designed under the influence of money doctors. The main mandate of these new institutions was to cope with inflation and provide exchange stability. This article analyses how these central banks responded to the onset of the Great Depression. I show that, in accordance with the requirements of the monetary regime, central banks initially acted to prevent capital outflows and to protect their gold reserves. This led to a credit drop to the private sector. Additional credit was made available once governments decided to intervene more actively in the economy, thereby disregarding the advice of money doctors. The central banks that were founded in the 1930s, and the reforms introduced to those already operating, were conceived to face the effects of the crisis.


2015 ◽  
Vol 72 (3) ◽  
pp. 473-480

The editorial office has received a number of edited volumes that will be of interest to our readership. To introduce these works, we occasionally list in this section the publication information and tables of contents entries. The five volumes selected for this issue examine the Great Depression in Latin America, immigration and national identities, Latin American foreign policies, Latin American politics and development, and civic life and culture in Cuba's First Republic.


Author(s):  
Sandra Kuntz-Ficker

AbstractThe purpose of this work is to correct an error contained in the historical record of Mexico’s GDP which has led to underestimate considerably the progress achieved by industrialisation in the Mexican economy before the Great Depression, also distorting its position within the Latin American context. This error consists in the misleading identification of industry with manufacture, ignoring the contribution to Mexican industrial production made by the metallurgical sector. By incorporating the value added from metallurgy to the net output of manufacture the share of industry in GDP grows accordingly, placing Mexico among the most industrialised countries of Latin America by the end of the export era.


2016 ◽  
pp. 103-134
Author(s):  
José G. Vargas Hernández

Este trabajo tiene por objetivo analizar el agravamiento de los problemas de la administración y las políticas públicas en el Estado latinoamericano para delinear las posibles soluciones. Desde una perspectiva histórica de análisis se inicia haciendo una revisión al sistema político, el constitucionalismo latinoamericano, la evolución de la política económica en América Latina y su impacto en el crecimiento económico y el desarrollo social principalmente en las crisis financieras y presidenciales latinoamericanas. También se analizan las generaciones de reformas del Estado enfatizando los programas de ajuste estructural, estabilización económica, apertura comercial, privatización, la política de competencia en la promoción de la competitividad y se determinan los grandes desafíos de América latina y el Caribe: Pobreza y desigualdad, democracia participativa, política social y modernización del Estado Social. Posteriormente se analiza el impacto de las reformas de la segunda generación: La reforma institucional del Estado y el desarrollo de las instituciones, descentralización, implantación y fortalecimiento de mecanismos de gobernabilidad. Finalmente se analiza el rol que tiene la sociedad civil y la tutela del hermano mayor en el agravamiento de los problemas del Estado, la administración y las políticas públicas.ABSTRACTThis paper has the aim to analyze the aggravating of problems in public administration and policies in the Latin American State to draw the possible solutions. From a historical perspective of analysis it begins reviewing the political system, the Latino American constitutionalism, the evolution of the economic policy in Latin America and its impact in the economic growth and social development mainly in the Latin American financial and presidential crisis. Also it analyzed the generations of State reforms emphasizing the structural adjustment programs, economic stabilization, commercial openness, and privatization and political competition in the promotion of competitiveness and it is determined the big challenges of Latin America and the Caribbean: Poverty and inequality, participative democracy, social policy and modernization of Social State. Later it is analyzed the impact of second generation reforms: The institutional State reform and institutional development, decentralization, implementing and strengthening of governance mechanisms. Finally it is analyzed the role that has the civil society and tutoring of the big brother in the aggravating of the State problems, public administration and policies. 


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