Regional Integration in Latin America

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In the eyes of sepalimus, it had promised to do when it established itself as a hegemonic power and and the centre of this kind of new global order. The language that they spoke with when they talked about regional integration was about taking advantage of economies of scale. They were also doing efforts for industrialization. So i think that, ah, that's the thought that was in their minds, like, what? We need bigger, ah, the size does matter. And we need a bigger, bigger markets for our for our product.

Historian Margarita Fajardo on her book The World That Latin America Created: The United Nations Economic Commission for Latin America in the Development Era. Fajardo discusses the Latin American economists at the Economic Commission for Latin America and the Caribbean (CEPAL) who conceptualized the division of the global economy between center and periphery, and how that later gave rise to dependency theory and world systems theory. Plus Cuban Revolution and the Alliance for Progress, Allende's democratic road to socialism and right-wing coups in Chile and Brazil—and more. Support The Dig at Patreon.com/TheDig