J. Ocampo - Böcker

In the 1990s, "protection", "import substitution" and "intervention" became dirty words, part of the "leyenda negra" of Latin America development in the postwar period. This book attempts a fresh look at the controversial years between the end of World War II and the point when, at varying dates in different countries, a discontinuity occurs in which the postwar "style of development" ceased to play a central role in the economic evolution of the region. The analysis is based on seven case studies covering eleven countries.

This text explores the impact on Latin America of the extraordinary transformation of the international economy that took place in the half century or so that preceded the world depression of the 1930s. The author's show how the response varied in terms of both growth and distribution, shaped by varying preconditions, and by natural resources and geography. The interplay of economic developments with political and social structures had profound and varied effects on policy making and on institutions that were of great significance for later decades.