How a group of intellectuals and policymakers transformed development economics and gave Latin America a new position in the world. After the Second World War demolished the old order, a group of economists and policymakers from across Latin America imagined a new global economy and launched an intellectual movement that would eventually capture the world. They charged that the systems of trade and finance that bound the world’s nations together were frustrating the economic prospects of Latin America and other regions of the world. Through the UN Economic Commission for Latin America, or CEPAL, the Spanish and Portuguese acronym, cepalinos challenged the orthodoxies of development theory and policy. Simultaneously, they demanded more not less trade, more not less aid, and offered a development agenda to transform both the developed and the developing world. Eventually, cepalinos established their own form of hegemony, outpacing the United States and the International Monetary Fund as the agenda setters for a region traditionally held under the orbit of Washington and its institutions. By doing so, cepalinos reshaped both regional and international governance and set an intellectual agenda that still resonates today. Drawing on unexplored sources from the Americas and Europe, Margarita Fajardo retells the history of dependency theory, revealing the diversity of an often-oversimplified movement and the fraught relationship between cepalinos, their dependentista critics, and the regional and global Left. By examining the political ventures of dependentistas and cepalinos, The World That Latin America Created is a story of ideas that brought about real change.

This volume showcases new research on the global reach of Latin American revolutionary movements during the height of the Cold War, mapping out the region’s little-known connections with Africa, Asia, and Europe. Toward a Global History of Latin America’s Revolutionary Left offers insights into the effect of international collaboration on the identities, ideologies, strategies, and survival of organizers and groups. Featuring contributions from historians working in six different countries, this collection includes chapters on Cuba’s hosting of the 1966 Tricontinental Conference that brought revolutionary movements together; Czechoslovakian intelligence’s logistical support for revolutionaries; the Brazilian Left’s search for recognition in Cuba and China; the central role played by European publishing houses in disseminating news from Latin America; Italian support for Brazilian guerrilla insurgents; Spanish ties with Nicaragua’s revolution; and the solidarity of European networks with Guatemala’s Guerrilla Army of the Poor. Through its expansive geographical perspectives, this volume positions Latin America as a significant force on the international stage of the 1960s and 1970s. It sets a new research agenda that will guide future study on leftist movements, transnational networks, and Cold War history in the region. Contributor:s José Manuel Ágreda Portero | Van Gosse | James G. Hershberg | Gerardo Leibner | Blanca Mar León | Eduardo Rey Tristán | Arturo Taracena Arriola | Michal Zourek

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?

A New History of Modern Latin America provides an engaging and readable narrative history of the nations of Latin America from the Wars of Independence in the nineteenth century to the democratic turn in the twenty-first. This new edition of a well-known text has been revised and updated to include the most recent interpretations of major themes in the economic, social, and cultural history of the region to show the unity of the Latin America experience while exploring the diversity of the region’s geography, peoples, and cultures. It also presents substantial new material on women, gender, and race in the region. Each chapter begins with primary documents, offering glimpses into moments in history and setting the scene for the chapter, and concludes with timelines and key words to reinforce content. Discussion questions are included to help students with research assignments and papers. Both professors and students will find its narrative, chronological approach a useful guide to the history of this important area of the world.

Analysis of Latin America's economy focusing on development, covering the colonial roots of inequality, boom and bust cycles, labor markets, and fiscal and monetary policy. Latin America is richly endowed with natural resources, fertile land, and vibrant cultures. Yet the region remains much poorer than its neighbors to the north. Most Latin American countries have not achieved standards of living and stable institutions comparable to those found in developed countries, have experienced repeated boom-bust cycles, and remain heavily reliant on primary commodities. This book studies the historical roots of Latin America's contemporary economic and social development, focusing on poverty and income inequality dating back to colonial times. It addresses today's legacies of the market-friendly reforms that took hold in the 1980s and 1990s by examining successful stabilizations and homemade monetary and fiscal institutional reforms. It offers a detailed analysis of trade and financial liberalization, twenty–first century-growth, and the decline in poverty and income inequality. Finally, the book offers an overall analysis of inclusive growth policies for development—including gender issues and the informal sector—and the challenges that lie ahead for the region, with special attention to pressing demands by the vibrant and vocal middle class, youth unemployment, and indigenous populations.

Why has the economy of Latin America responded more positively than Asia, Europe or the United States after being hit by the recent global financial crisis? Three years after the worst of the crisis, Latin America's GDP is 25 percent higher than its precrisis level. José De Gregorio, Governor of the Central Bank of Chile from 2007 to 2011, tells the story of how Latin America has responded to the crisis with a perspective that only an insider can have. De Gregorio focuses on the seven largest economies of the region, Argentina, Brazil, Chile, Colombia, Mexico, Peru, and Venezuela (90 percent of the region's output). He argues that Latin America was resilient because of good macroeconomic policies, strong financial systems, and "a bit of luck."

Latin America is home to emerging global powers such as Brazil and Mexico and has important links to other titans including China, India, and Africa. Global Latin America examines a range of historical events and cultural forms in Latin America that continue to influence peoples’ lives far outside the region. Its innovative essays, interviews, and stories focus on insights from public intellectuals, political leaders, artists, academics, and activists from the region, allowing students to gain an appreciation of the global relevance of Latin America in the twenty-first century.