The Politics Of Trade In Latin American Development

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The Politics Of Trade In Latin American Development

By Steven E. Sanderson
Stanford University Press, 1992
292 pp. $45.00
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This thoughtful, challenging and ambitious book draws on the literature on development, international trade, regional economic history, resource management and national politics to examine how and why Latin American governments have been changing their policies on trade, and what the likely consequences will be of this historic shift. Deeper integration into the world trading system may not resolve Latin America's problems, Sanderson warns, because the prevalent model of integration is associated with worsening distribution of wealth, continuing external payments problems and accelerating resource depletion. The traditional Latin American strategies of economic nationalism, led by the state, are now useless, but alternative trade and development strategies that produce environmentally and developmentally sound economic change cannot be realized while the public sector is in retreat.