"The mistakes the U.S. has made in Latin America-and the high price it will pay for them Washington has long told Latin American countries how to run their economies: bring in multinationals, eliminate the social safety net, keep government debt low, court U.S. politicians, and sign free trade...

Development in Latin America : conceptualizing economic change in the region -- Historical legacies : patterns of unequal and unstable growth -- Import substitution industrialization : looking inward for the source of economic growth -- Latin America's debt crisis : the limits of external...