The Economic History of Latin America since Independence

"This is more of an economic historian’s approach to what has happened in Latin America in the past 200 years. Bulmer-Thomas, in a very carefully constructed book, explains why Latin American countries have failed to develop and how they have been seduced by the notion of exporting raw materials rather than adding to their exports. It is perhaps a bit more difficult to read than the previous two. But for readers who are truly interested in the economic history of Latin America, this is going to be a very valuable book that will help them understand some of the problems that the world economy is going through today."