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The economic history of Latin America covers the development of the Latin American economy from 2500 BCE to the start of the 21st century. In the pre-contact era , Latin America did not have an integrated economy .
The Latin American economy is an export-based economy consisting of individual countries in the geographical regions of North America, Central America, South America, and the Caribbean. The socioeconomic patterns of what is now called Latin America were set in the colonial era when the region was controlled by the Spanish and Portuguese empires.
[74] According to Marc Becker, a Latin American history professor of Truman State University, the claim of the presidency by Juan Guaidó "was part of a U.S.-backed maximum-pressure campaign for regime change that empowered an extremist faction of the country's opposition while simultaneously destroying the economy with sanctions."
The Economic History of Latin America since Independence (2nd ed. Cambridge UP, 2003) online Burns, E. Bradford, The Poverty of Progress: Latin America in the Nineteenth Century . Berkeley and Los Angeles: University of California Press 1980.
"Economic History and the History of Prices in Latin America" in Essays on Latin American Price History edited by Lyman Johnson and Enrique Tandeter (Albuquerque: University of New Mexico Press, 1990), 21–33; Spanish translation "Historia económica e historia de precios en la Latinoamérica colonial" en Economías coloniales: Precios y ...
Evolution of GDP growth. The economic history of Argentina is one of the most studied, owing to the "Argentine paradox". As a country, it had achieved advanced development in the early 20th century but experienced a reversal relative to other developed economies, which inspired an enormous wealth of literature and diverse analysis on the causes of this relative decline. [2]
The economy of Colombia is the fourth largest in Latin America as measured by gross domestic product [19] and the third-largest economy in South America. [20] [21] Throughout most of the 20th century, Colombia was Latin America's 4th and 3rd largest economy when measured by nominal GDP, real GDP, GDP (PPP), and real GDP at chained PPPs.
This is a list of Latin American and the Caribbean countries by gross domestic product at purchasing power parity in international dollars according to the International Monetary Fund's estimates in the October 2023 World Economic Outlook database. The Latin American countries Brazil, Mexico, Argentina, Colombia, and Chile are the region's ...