The Latin American reaction to the Common Market of European industrial countries was from the outset marked by scepticism and criticism. It was only recently that new tendencies have been discerned which can perhaps lead to a partial improvement in the relations between EEC and Latin America.

All Latin American countries strive for diversification of the exportable industrial production and the exploitation of new and non-traditional foreign export markets. These efforts are not free from the dangers of erroneous assessment of the limits of exports resulting in grave disadvantages...

Economic and development policies in Latin America, as in all other developing countries, are supposed to tackle the problem how to increase total income and, at the same time, how to reduce the present inequalities in the distribution of income. The opinions on the question, which of these...

Latin America’s foreign debts have been mounting fast in the last ten years. The following article shows that it would nevertheless be wrong to suggest that Latin America has generally run up excessive debts.

In a number of Latin American countries, the influence of John Maynard Keynes and his Latin American proponent Raúl Prebisch, was forced during the seventies to give way to the liberal-monetarist principles of Milton Friedman. What advantages and disadvantages have ensued from this change of...

In the 1970s Latin America accounted for a high, and constantly increasing, proportion of the total public foreign debt of all developing countries, reaching a share of 35% by the end of the decade. In comparison, Latin America's share of the total GDP of the developing countries is around 20%....