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Argentina, Chile, and Mexico: Contrasts in Economic Policy and Performance*

Published online by Cambridge University Press:  02 January 2018

Eric N. Baklanoff
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Extract

For more than a decade, enormous attention has been given by academic economists, researchers, and policy makers to the problem of economic growth of the less-developed countries. The aspirations of leaders and the people of these countries for accelerated economic progress which has been characterized by the apt phrases the “revolution of rising expectations,” and the “New Awakening,” have played a major role in this new orientation in economic thought and action. Another interesting fact is that governments have emerged as consciously active “agents of change” carrying a heavy responsibüity for the success or failure of development programs.

Type
Research Article
Information
Journal of Inter-American Studies , Volume 3 , Issue 4 , October 1961 , pp. 497 - 508
Copyright
Copyright © University of Miami 1961

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Footnotes

*

The author wishes to thank Inter-American Economic Affairs for permission to use material which first appeared in an article published in the summer, 1959 issue entitled, “Model for Economic Stagnation: The Chilean Experience with Multiple Exchange Rates”.

References

1 United Nations, Patterns of Industrial Growth, 1938-1958, p. 124, table 124.

2 “The Situation in Argentina and the New Economic Policy,” Economic Bulletin for Latin America, Vol. I, No. I, Jan., 1956, p. 26.

3 Ibid., p. 27, table 2.

4 For a more detailed analysis of Chile's economic crisis and its major causes, see my article, “Model for Economic Stagnation: The Chilean Experience with Multiple Exchange Controls,” Inter-American Economic Affairs, Summer, 1959.

5 Alfredo Navarrete, Jr., “Mexico's Economic Growth: Prospects and Problems,” a paper delivered at the Conference on Economic Development, University of Texas, April 21-23, 1958, p. 10.

6 Ibid., p. 7.

7 Ibid., p. 8.

8 “The Problem of Economic Development of Argentina,” Economic Bulletin for Latin America, Vol. IV, No. I, March, 1959, p. 14.

9 R. D. Mallon, “The Role of Foreign Investment in the Capital Formation and Economic Growth of Latin America” (An unpublished paper, Economic Commission for Latin America, 1957).

10 White, John W., Argentina, The Life Story of a Nation (New York: The Viking Press, 1942) p. 233.Google Scholar

11 Parkes, Henry Bamford, A History of Mexico (Boston: Houghton Mifflin Company, 1938), p. 297.Google Scholar

12 Ibid., p. 307.

13 Ibid., p. 307.

14 Turlington, Edgar, “Foreign Investments in Mexico,” Annah of the American Academy, Philadelphia, 1940, p. 105.Google Scholar

15 Horn, Paul V. and Bice, Hubert E., Latin American Trade and Economics, (New York: Prentice-Hall, Inc., 1949), p. 285.Google Scholar

16 Silvert, K. H., “Political Change in Latin America,” The United States and Latin America (The American Assembly, Columbia University, 1959), p. 70.Google Scholar

17 Frank Tannenbaum, “Toward an Appreciation of Latin America,” Ibid., p. 43.

18 Mexican-American Review, Jan., 1941, p. 1.

19 United Nations, Economic Survey of Latin America, 1956, p. 132.

20 Ibid., p. 132.

21 “The Situation in Argentina and the New Economic Policy,” op. tit., p. 35.

22 “The Problem of Economic Development of Argentina,” op. tit., p. 17, table 1.

23 United Nations, Economic Survey of Latin America, 1956, p. 143.

24 Alfredo Navarrete, Jr., op. cit., p. 8.

25 United Nations, Economics Survey of Latin America, 1956, p. 128, table 90.

26 Fink, William H., “Trends in Latin America's Capacity to Import and the Gains from Trade,” Inter-American Economic Affairs, Summer, 1955, Vol. IX, No. 1, p. 68.Google Scholar

27 “The Situation in Argentina and the New Economic Policy,” op. cit., derived from table 3, p. 30.

28 Alfredo Navarrete, Jr., op. cit., p. 11.