Introduction to Latin America provides a completely new introduction to the political, social and economic forces shaping this essential region of undergraduate study today. It is the first textbook to place Latin America within a genuinely global context and introduce the debates and impact of globalization, neoliberalism, democratization, and the environment.
Chapter 3: Towards Development
The pervasive practice of labelling regions and countries as ‘developed’, ‘developing’ or ‘underdeveloped’ can have the effect of distracting attention from the complex process of producing and distributing goods and services, whether for the consumption of the producer's family as in subsistence economies, for sale in local markets as in regional economies, or for sale in other countries, as is common in today's more globalized world economy. Looking backwards through the development categories that only came into general use in the second half of the twentieth century runs the risk of seeing a region like Latin America, or the varied countries that constitute it, as being predetermined to something we call ‘underdevelopment’. This tendency is common in both the dominant forms of ...