"The Latin American economy is composed of two main economic sectors: agriculture and mining."
This topic explores the challenges and opportunities of economic development in Latin America including the role of globalization, trade, foreign investment, and poverty.
Colonialism and its impact on economic development in Latin America: This topic explores the history of colonization in Latin America and how it affected economic development in the region.
Neoliberalism and structural adjustment programs: This topic examines the neoliberal policies and structural adjustment programs implemented in Latin America during the 1980s and 1990s, and their impact on economic development.
Trade liberalization and economic integration: This topic explores the role of trade liberalization and economic integration in promoting economic development in Latin America, through the analysis of regional trade agreements and initiatives like the Pacific Alliance and Mercosur.
Dependency theory and its relevance in Latin America: This topic explores the relevance of dependency theory in understanding economic development in Latin America, particularly the role of external factors and the relationship between the region and the global economy.
Poverty and inequality: This topic examines the persistence of poverty and inequality in Latin America, and the ways in which policies aimed at reducing them have been implemented, including conditional cash transfers and social protection programs.
Informal economy and entrepreneurship: This topic explores the role of the informal economy and entrepreneurship in Latin America, and the ways in which they contribute to economic development and job creation.
Natural resources and environmental sustainability: This topic examines the role of natural resources in economic development in Latin America, and the challenges of achieving environmental sustainability while promoting economic growth.
Political economy of development: This topic explores the relationship between politics and economic development in Latin America, including the influence of political institutions and the role of the state in economic development.
Human development and social capital: This topic examines the importance of human development and social capital in promoting economic development in Latin America, including through education, health, and social networks.
Regional disparities and territorial development: This topic explores the challenges of regional disparities in economic development in Latin America, and the ways in which territorial development policies are being implemented to address them.
Industrial Development: Focused on promoting growth and development of industrial activities within a given region or country in Latin America.
Agricultural Development: This involves activities aimed at improving agricultural output, production and productivity in Latin America.
Microfinance: A type of economic development that targets predominantly small and micro-enterprises in Latin America with limited access to financial services.
Tourism Development: Involves the promotion of touristic centres, attractions and events that attract tourists and contribute to the economic development of a region or country.
Infrastructure Development: Aimed at promoting the development of transport, logistics and other physical infrastructure that facilitate economic activity.
Human development: This involves activities that aim at improving the welfare of people, their access to quality education, health and basic social services, which enhances their capability to participate in and benefit from economic activities.
Environmental Development: Focused on promoting sustainable development, conservation and restoration of natural resources, and ensuring the protection of the environment in which economic activity takes place.
Foreign Direct Investment: The process of investing resources to create or expand production chains into a foreign location to take advantage of cultural, business opportunities, tax incentives, and other advantages.
Free Trade Zones: Regions where trade barriers, such as tariffs and quotas, are removed, providing a favorable environment for foreign investment while promoting exports.
Public-Private Partnerships: Collaboration between public and private sectors to undertake projects that benefit public goods, finance infrastructure developments and offer shared risks while maximizing returns.
"In the nineteenth century following independence, many economies of Latin America declined."
"Many parts of the region had favorable factor endowments of deposits of precious metals, mainly silver, or tropical climatic conditions and locations near coasts that allowed for the development of cane sugar plantations."
"Foreign capital investment, construction of infrastructure, such as railroads, growth in the labor sector with immigration from abroad, strengthening of institutions, and expansion of education aided industrial growth and economic expansion."
"The main exports from Latin America are agricultural products and natural resources such as copper, iron, and petroleum."
"Morgan Stanley suggests that this drop in economic activity is a combination of low commodity prices, capital flight, and volatility in local currency markets."
"The International Monetary Fund suggests that external conditions influencing Latin America have worsened in the period from 2010 to 2016."
"Infrastructure in Latin America has been classified as sub-par compared to economies with similar income levels."
"The main economies of Latin America are Brazil, Argentina, Colombia, Mexico, and Chile."
"The Latin American economy is largely based on commodity exports, therefore, the global price of commodities has a significant effect on the growth of Latin American economies."
"Because of its strong growth potential and wealth of natural resources, Latin America has attracted foreign investment from the United States and Europe."
"The socioeconomic patterns of what is now called Latin America were set in the colonial era when the region was controlled by the Spanish and Portuguese empires."
"Up until independence in the early nineteenth century, colonial Latin American regional economies thrived and worked things out."
"Historically, Latin America has been an export-based, with silver and sugar being the motors of the colonial economy."
"As of 2016, the population of Latin America is 633 million people."
"The total gross domestic product of Latin America in 2015 was US$5.3 trillion."
"Over time, Latin American countries have focused on efforts to integrate their products into global markets."
"Latin America's economy is composed of two main economic sectors: agriculture and mining."
"There is room to grow and some countries have already taken the initiative to form partnerships with the private sector to increase infrastructure spending."
"These economies have been given positive outlooks for 2017 by Morgan Stanley."