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Import Substitution, Economic Integration and the Development of Central America, 1950–80

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An Economic History of Twentieth-Century Latin America

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Abstract

It has been difficult for observers to recognize that the three decades from 1950 to 1980 were among the most intense and profound periods of change in Central America’s history.1 We can reflect on how to interpret this difficulty with the help of Albert Hirschman. Observing the same difficulty with recognizing change in Latin America, Hirschman identified various reasons which might explain it (Hirschman 1987, pp. 7–36).

Former Director, Washington Office, United Nations Economic Commission for Latin America and the Caribbean (ECLAC). The opinions expressed here do not necessarily coincide with those of the institution.

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© 2000 Palgrave Publishers Ltd

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Cohen, I. (2000). Import Substitution, Economic Integration and the Development of Central America, 1950–80. In: Cárdenas, E., Ocampo, J.A., Thorp, R. (eds) An Economic History of Twentieth-Century Latin America. St Antony’s Series. Palgrave Macmillan, London. https://doi.org/10.1057/9780230595682_11

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  • DOI: https://doi.org/10.1057/9780230595682_11

  • Publisher Name: Palgrave Macmillan, London

  • Print ISBN: 978-1-349-39429-6

  • Online ISBN: 978-0-230-59568-2

  • eBook Packages: Palgrave History CollectionHistory (R0)

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