Latin American development

Latin American - Latin American development Unlike the Asian states at the same period of time Latin American countries experienced far less

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Latin American development Unlike the Asian states at the same period of time, Latin American countries experienced far less successful development and far greater economic turmoil during the post World War II era. Returning to the explanatory factors: 1. Political stability and security 2. Internal economic policies 3. External economic policies 4. Social and cultural reasons In Latin American, persistent political instability combined with poor economic policies, both internally and externally, led to the problematic development of the Latin American countries. Political instability and weak governance and institutions is probably the overarching explanatory factor in the lack of success in Latin America, which can be seen through the fact that even when the Latin American countries followed sound economic policies, they still did not see the same successful development as the Asian countries. Thus, reform of political institutions is probably the most needed thing in Latin America. Economic policies:
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This note was uploaded on 11/27/2011 for the course POLISCI 1003 taught by Professor Olson during the Fall '11 term at GWU.

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Latin American - Latin American development Unlike the Asian states at the same period of time Latin American countries experienced far less

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