Latin America and the World Economy Since 1800

Rating:
Summary: A significant addition to Latin American historiography
Review: Coatsworth and Tayler have added a significant contribution to a field that have known, up to now, only individual monographies about the development of national economies in Latin America, not disregarding the excellent Victor Bulmer-Thomas "The Economic History of LA" or the more recent volume organized by Rosemary Thorp. The history of economic international relations of the Latin American countries and the region's insertion in the world economy is, of course, a chapter in the history of world capitalism, but we were still missing a comprehensive approach about the specific path of the economic modernization of the entire region, despite some general contributions, like Bradford Burns'"The Poverty of Progress" or the old books by Rippy and Platt. Now, the quest is (almost) over, at least from the point of view of "centric" economies. Coatsworth and Tayler add a new powerful academic tool for researchers and other people interested in better know how Latin America managed to become what Prebisch called "a periphery to the center". Perhaps the next significant evolution in this field would be to have a history of the economic insertion of Latin American countries in the world economy from the point of view of those countries. But, that is another story...

Rating:
Summary: A significant addition to Latin American historiography
Review: Coatsworth and Tayler have added a significant contribution to a field that have known, up to now, only individual monographies about the development of national economies in Latin America, not disregarding the excellent Victor Bulmer-Thomas "The Economic History of LA" or the more recent volume organized by Rosemary Thorp. The history of economic international relations of the Latin American countries and the region's insertion in the world economy is, of course, a chapter in the history of world capitalism, but we were still missing a comprehensive approach about the specific path of the economic modernization of the entire region, despite some general contributions, like Bradford Burns'"The Poverty of Progress" or the old books by Rippy and Platt. Now, the quest is (almost) over, at least from the point of view of "centric" economies. Coatsworth and Tayler add a new powerful academic tool for researchers and other people interested in better know how Latin America managed to become what Prebisch called "a periphery to the center". Perhaps the next significant evolution in this field would be to have a history of the economic insertion of Latin American countries in the world economy from the point of view of those countries. But, that is another story...