Was Latin America Too Rich to Prosper? Structural and Political Obstacles to Export-Led Industrial Growth

2018 ◽  
pp. 165-172
Author(s):  
James E. Mahon
Keyword(s):  
Latin America ◽  
Industrial Growth

Industrialization and Stabilization Dilemmas in Latin America

1959 ◽  
Vol 19 (4) ◽  
pp. 584-599
Author(s):  
David Felix
Keyword(s):  
Latin America ◽  
Latin American ◽  
Economic History ◽  
Industrial Growth ◽  
The Past ◽  
History Of ◽  
General Recognition ◽  
Salient Features ◽  
State Subsidies ◽  
Latin American Countries

Industrial growth and chronic, in many cases severe, inflation are two salient features of the past-war economic history of the larger Latin American countries. There is general recognition that the two phenomena are related, at least in the sense that industry has been one of the major recipients of state subsidies and inflationary credit. But beyond this, analysis divides into the usual demand inflation and cost-push categories.

Assessing the Obstacles to Industrialisation: The Mexican Economy, 1830–1940

1992 ◽  
Vol 24 (1) ◽  
pp. 1-32 ◽  
Author(s):  
Stephen H. Haber
Keyword(s):  
Latin America ◽  
Latin American ◽  
Industrial Development ◽  
Western Europe ◽  
Industrial Revolution ◽  
Labour Productivity ◽  
The United States ◽  
Industrial Growth ◽  
Capital Costs ◽  
The North

After England began what came to be known as the First Industrial Revolution at the end of the eighteenth century, industrial technology quickly diffused throughout the nations of the North Atlantic. Within fifty years of the first rumblings of British industrialisation, the factory system had spread to Western Europe and the United States. Latin America, however, lagged behind. It was not until the twentieth century that manufacturing came to lead the economies of Latin America and that agrarian societies were transformed into industrial societies.This article seeks to understand this long lag in Latin American industrialisation through an analysis of the experience of Mexico during the period 1830–1940. The purpose of the paper is to look at the obstacles that prevented self-sustaining industrialisation from taking place in Mexico, as well as to assess the results of the industrialisation that did occur.The basic argument advanced is that two different types of constraints prevailed during different periods of Mexico's industrialisation. During the period from 1830 to 1880 the obstacles to industrialisation were largely external to firms: insecure property rights, low per capita income growth resulting from pre-capitalist agricultural organisation, and the lack of a national market (caused by inefficient transport, banditry and internal tariffs) all served as a brake on Mexico's industrial development. During the period 1880–1910 the obstacles to industrialisation were largely internal to firms. These factors included the inability to realise scale economies, high fixed capital costs and low labour productivity. During the period from 1910 to 1930 these internal constraints combined with new external constraints – including the Revolution of 1910–17, the political uncertainty of the post-revolutionary period and the onset of the Great Depression – which further slowed the rate of industrial growth.

Institutions and Investment: The Political Basis of Industrialization in Mexico Before 1911. By Edward Beatty. Stanford, CA: Stanford University Press, 2001.

2003 ◽  
Vol 63 (1) ◽  
pp. 267-268
Author(s):  
Sandra Kuntz Ficker
Keyword(s):  
Nineteenth Century ◽  
Latin America ◽  
Mexican Revolution ◽  
Import Substitution ◽  
The Political ◽  
Stanford University ◽  
Industrial Growth ◽  
Export Sector ◽  
The Subject ◽  
Accelerated Growth

After a long decay, in the last decades of the nineteenth century the Mexican economy experienced a process of accelerated growth mainly associated with the export sector. As the latter developed and diversified, new opportunities for investment opened in agriculture, livestock rising, and mining. Starting in the 1890s, this process was also accompanied by an early phenomenon of import-substitution industrialization, which would continue to unfold until the Mexican Revolution broke out in 1910. Although industrial growth was “limited in scope and fraught with inefficiencies” (p. 187), it appears as an uncommon experience in an era dominated by export-led growth in Latin America and as one that has attracted less attention than it deserves in the historiography on Mexico. This is the subject of Edward Beatty's work.

scholarly journals East asian studies in latin america and its potential contributions for an improved inter-regional business understanding

Telos ◽  
2021 ◽  
Vol 23 (3) ◽  
pp. 710-727
Author(s):  
Yunuen Ysela Mandujano-Salazar
Keyword(s):  
Latin America ◽  
Latin American ◽  
Business Models ◽  
East Asian ◽  
American Business ◽  
Asian Studies ◽  
Industrial Growth ◽  
Economic Relations ◽  
East Asian Studies ◽  
The Cold War

East Asia is today one of the most powerful regions worldwide in terms of innovation, economic and industrial growth. And as such, it has taken its business models, industrial processes, and technology to Latin America, notoriously increasing economic relations. However, Latin American countries have been mostly on the recipient side, perhaps because there is a limited understanding of their Asian counterparts. East Asian Studies provide important knowledge for Latin American specialists on economics and business, improving Latin American business theory, models, and economic relations between regions. Following Michel Foucault’s ideas about the archeological method to understand the context in which a discipline is born, this article follows documentary research and summarizes the similarities and differences between the economic contexts of these regions at the beginning of the Cold War and at the beginning of the 21st century to establish the relevance for understanding East Asian economic and business models. Then, it reconstructs the development of East Asian Studies as an academic area worldwide and its standing in Latin America, highlighting how the political and economic context has influenced its emergence and topics of research. Finally, it reflects on the contributions that can reciprocally be made between the East Asian studies in Latin America and a Latin American School of Business Thought.

The Genesis and Internal Dynamics of El Salvador's People's Revolutionary Army, 1970–1976

2014 ◽  
Vol 38 (01) ◽  
pp. 102-129
Author(s):  
ALBERTO MARTÍN ÁLVAREZ ◽  
EUDALD CORTINA ORERO
Keyword(s):  
Latin America ◽  
El Salvador ◽  
Early Years ◽  
Left Wing ◽  
Internal Dynamics ◽  
Internal Coherence ◽  
The 1960S

AbstractUsing interviews with former militants and previously unpublished documents, this article traces the genesis and internal dynamics of the Ejército Revolucionario del Pueblo (People's Revolutionary Army, ERP) in El Salvador during the early years of its existence (1970–6). This period was marked by the inability of the ERP to maintain internal coherence or any consensus on revolutionary strategy, which led to a series of splits and internal fights over control of the organisation. The evidence marshalled in this case study sheds new light on the origins of the armed Salvadorean Left and thus contributes to a wider understanding of the processes of formation and internal dynamics of armed left-wing groups that emerged from the 1960s onwards in Latin America.

Sign in / Sign up

Export Citation Format

Share Document