The Political Economy of Central America since 1920 by Victor Bulmer-Thomas

The Political Economy of Central America since 1920 by Victor Bulmer-Thomas

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Summary

In this book Victor Bulmer-Thomas uses his previously unpublished estimates of the national accounts to explore economic and social development in the five Central American republics from 1920. The social upheavals accompanying the post-war export-led boom forced governments in each republic to address the question of economic, social and political reform.

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The Political Economy of Central America since 1920 by Victor Bulmer-Thomas

In this book Victor Bulmer-Thomas uses his previously unpublished estimates of the national accounts to explore economic and social development in the five Central American republics from 1920. He examines in detail variations in economic policy between countries which help to account for differences in performance. The major political developments are woven into the analysis and linked to changes in internal and external conditions. Growth under liberal oligarchic rule in the 1920s, heavily dependent on exports of coffee and bananas, was accompanied by modest reform programmes. The 1929 depression, which hit the region hard, undermined most of the reforms and ushered in a period of dictatorial rule in all republics except Costa Rica. The Second World War, particularly after the entry of the United States, at first strengthened the dictatorships, but ultimately produced challenges to rule by authoritarian caudillos. The social upheavals accompanying the post-war export-led boom forced governments in each republic to address the question of economic, social and political reform.
Victor Bulmer-Thomas is professor emeritus at the University of London, honorary professor of the Institute of the Americas, University College London, and associate fellow in the U.S. and Americas Program, Chatham House, where he was Director from 2001 to 2006.
SKU Unavailable
ISBN 13 9780521348393
ISBN 10 0521348390
Title The Political Economy of Central America since 1920
Author Victor Bulmer-Thomas
Series Cambridge Latin American Studies
Condition Unavailable
Binding Type Paperback
Publisher Cambridge University Press
Year published 1987-12-10
Number of pages 444
Cover note Book picture is for illustrative purposes only, actual binding, cover or edition may vary.