Regional Integration Isn't Working, but It's Not Working

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In the early nin fiftiess latin american countries did not have a lot of trade relations with each other. So it was important for them to kind of establish those kind of trade relationships to circumvent the need for hard currency. But at this point in the early years, co operation from the centre isn't forthcoming, and regional integrationisn't working either. Arprebish and other sapalinos getting frustrated.

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