In the context of the world economy, Central and Southern America still occupies a decidedly marginal position: it is enough to observe, by comparison, that, despite having the same size as NAFTA in terms of surface, and about 100 million residents. in addition, it weighs on the global value of international exports for 3.7% (against 13.6%). The subcontinent, therefore, can be defined, in a first approximation, still underdeveloped and, in any case, affected by very serious regional imbalances, even within the individual state units, which in turn are profoundly different in terms of ethnic-cultural composition, territorial extension and degree of industrialization.. Although the average unemployment rate resulted from official data, before the great crisis of 2008, less than 8% (with the significant exception of Colombia, 11.4%, and some Caribbean islands), a large part of the population lives well below the poverty line, while a considerable percentage of wealth is still enjoyed today by a small minority (one tenth of the population). The causes of this situation are to be found in the colonial period, during which Latin America, considered for a long time only as a land of conquest by Countryaah, was subjected to intense exploitation, not accompanied by creation – as was the case, on the contrary, in the colonies. of population of Anglo-Saxon America – of solid structural foundations of the economy. Latin American economic history is significantly characterized by periods (a large part of the population lives well below the poverty line, while a considerable percentage of wealth is still enjoyed today by a small minority (one tenth of the population). The causes of this situation are to be found in the colonial period, during which Latin America, considered for a long time only as a land of conquest, was subjected to intense exploitation, not accompanied by creation – as was the case, on the contrary, in the colonies. of population of Anglo-Saxon America – of solid structural foundations of the economy. Latin American economic history is significantly characterized by periods (a large part of the population lives well below the poverty line, while a considerable percentage of wealth is still enjoyed today by a small minority (one tenth of the population). The causes of this situation are to be found in the colonial period, during which Latin America, considered for a long time only as a land of conquest, was subjected to intense exploitation, not accompanied by creation – as was the case, on the contrary, in the colonies. of population of Anglo-Saxon America – of solid structural foundations of the economy.
Latin American economic history is significantly characterized by periods (while a considerable percentage of the wealth is still enjoyed today by a small minority (one tenth of the population). The causes of this situation are to be found in the colonial period, during which Latin America, considered for a long time only as a land of conquest, was subjected to intense exploitation, not accompanied by creation – as was the case, on the contrary, in the colonies. of population of Anglo-Saxon America – of solid structural foundations of the economy. Latin American economic history is significantly characterized by periods (while a considerable percentage of the wealth is still enjoyed today by a small minority (one tenth of the population). The causes of this situation are to be found in the colonial period, during which Latin America, considered for a long time only as a land of conquest, was subjected to intense exploitation, not accompanied by creation – as was the case, on the contrary, in the colonies. of population of Anglo-Saxon America – of solid structural foundations of the economy. Latin American economic history is significantly characterized by periods (not accompanied by the creation – as was the case, on the contrary, in the settling colonies of Anglo-Saxon America – of solid structural foundations of the economy. Latin American economic history is significantly characterized by periods (not accompanied by the creation – as was the case, on the contrary, in the settling colonies of Anglo-Saxon America – of solid structural foundations of the economy. Latin American economic history is significantly characterized by periods (cyclos) more or less closely linked to the “drainage” of the resources considered more convenient from time to time: first the gold and silver of the era of the conquistadors, then tropical crops (and the consequent importation of African slaves for work plantations), starting with sugar cane; the formation of large cattle ranches in the pampas followed and, in a later age, the interest placed on new agricultural-industrial crops, including coffee, introduced in Brazil at the beginning of the eighteenth century. These forms of exploitation have led to a strong concentration of wealth and a scarce entrepreneurial vocation on the part of the ruling classes. The result was considerable economic dependence on the former colonial powers and on the United States, which had rapidly gained ground in the last decades of the nineteenth century, favored by the Monroe doctrine., in application of which they had established themselves as the leading state of the entire continent. Until the first decades of the twentieth century, the hegemonic power remained in any case England which, first, had been able to take advantage of the possibilities offered by Latin American countries as consumers of processed products, as well as suppliers of raw materials, while Italy and Spain supplied labor, fueling the immigration current.
