The Early 1980s in Latin America: The 1930s One More Time?

  • Carlos F. Diaz-Alejandro


The reader need not be held in suspense. No, the differences between the early 1980s and the early 1930s in Latin America are more significant than their similarities. But the question is pertinent, and the comparison could cast light on both historical episodes, while deepening understanding of the cyclical behaviour of peripheral, semiindustrialised economies, and about their interaction with the international economy.


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  1. Diaz-Alejandro, Carlos F., ‘Latin America in Depression, 1929–39’, Chapter 20 in Mark Gersovitz et al. (eds.) The Theory and Experience of Economic Development; Essays in Honor of Sir W. Arthur Lewis (London: Allen & Unwin, 1982), pp. 334–55.Google Scholar
  2. Diaz-Alejandro, Carlos F., ‘Stories of the 1930s for the 1980s’, Chapter 1 in Pedro Aspe Armella et al. (eds), Financial Policies and the World Capital Market: The Problem of Latin American Countries (Chicago: University of Chicago Press, 1983), pp. 5–35.Google Scholar
  3. Inter-American Development Bank, External Debt and Economic Development in Latin America; Background and Prospects (Washington, DC, January, 1984).Google Scholar
  4. International Monetary Fund, International Financial Statistics, February 1984.Google Scholar
  5. Naciones Unidas, America Latina: Relacion de Precios del Intercambio (Santiago de Chile, 1976).Google Scholar
  6. Naciones Unidas, Estudio Economico de America Latina, 1982 (Santiago de Chile, 1983a).Google Scholar
  7. Naciones Unidas, Balance Preliminar de la Economia Latino-Americana durante 1983 (Santiago de Chile, 1983b).Google Scholar

Copyright information

© Sanjaya Lall and Frances Stewart 1986

Authors and Affiliations

  • Carlos F. Diaz-Alejandro

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