Preface -- List of acronyms -- Geography and the colonial legacy -- Export led growth and the origins of protectionism -- Import substitution industrialization (ISI) -- Debt crises and the lost decade -- Poverty : origins and persistence -- The political economy of Latin American development --...

For the sake of less developed countries, it is time to adjust the discourses of international development assistance on poverty reduction. This article attempts to do so by reviewing new and old literature explaining why some countries are rich and others are poor. History has repeatedly shown...