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Growth and Crisis in the Central American Economies, 1950-1980

Bibliographic Data

ID3296756
AuthorsHéctor Pérez Brignoli, Yolanda Baires Martinez
Year1983
Volume15
Issue2
Pages365-398
Publication date1983-11-01
Peer ReviewedYes
Open AccessYes
TypeARTICLE
VenueJournal of Latin American Studies (JOURNAL)
Journal identifiersISSN: 0022-216X • E-ISSN: 1469-767X
PublisherCambridge University Press (CUP) (PUBLISHER)
DOI10.1017/s0022216x00000754
OpenAlexW2078139631
LanguageEN
Citations received12
References cited3

Prosperity and increasing inequality may well be the most suitable terms to describe at first glance the evolution of the Central American economies from the post-war period until the beginning of the eighties. Prosperity based on a very favourable external economic situation was characteristic of the fifties, with promotion of technological modernization and some diversification in the export sector. Sustained economic growth continued during the following decade, thanks to structural change brought about by industrialization and by the process of Central American integration. This upward trend began to break up in the seventies, and the whole region was plunged into crisis and instability. Although the gloomy side of the new international situation cannot be denied, twenty or thirty years of prosperity seem to have created internal conditions sufficient to nurture a social conflict of vast proportions, which embraces since at least 1978 not only the economic sector but all aspects of Central American life

Business · Development economics · Diversification (marketing strategy) · Economic growth · Economics · Economy · Industrialisation · Market economy · Modernization theory · Nature versus nurture · Political science · Promotion (chess) · Prosperity · Sociology · Economic Theory and Policy · History and Politics in Latin America · Regional Development and Innovation

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Unique citing works12
Citations per year0,31
Citation span1987 - 2015 (29)
Citation velocityhistorical
Highly citedNo
Citation typesNeutral: 10

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