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Problems, development theory and strategies of Latin America (Английский)

This paper examines the influence of both economic problems and development theories on the growth strategies followed by Latin American countries in the last 70 years. Up to the Great Depression, most countries in the region were fairly open to trade, and comparative advantage was the basis for the leading development theory. From the Great Depression to World War II, most countries practiced crisis management as a reaction to the sharp external...
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