From the Preface:
The book is the outgrowth of lectures at The American university of Washington D.C., on the economic problems of Latin America. (…) Latin American economic development is here outlined on a topical basis rather than from the standpoint of the peculiarities of the economies of the twenty distinct republics. The author’s experience has been that this approach gives the student a better orientation and enables him to take up more3 intelligent advanced studies or investigations in connection with individual countries or specific problems. The book consists of an Introduction and four Parts. The Introduction aims to define the over-all position of Latin America in world economy. Part I is devoted to several basic concepts, such as the physical setting, population problems, and the general characteristics of economic development in Latin America. Part II takes up the major economic activities: agriculture; the mineral, forest, pastoral and manufacturing industries; transportation and communications; and credit unions. Part III is devoted to foreign commerce, its volume, composition, and direction, with special reference to the outlook and the possibilities of, and limitations on, the development of larger inter-American trade. In Part IV the evolution of a Pan-American commercial policy is outlined..
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