Latin America and Import Substitution
Lecture no. 21 from the course: America and the New Global Economy
Taught by Professor Timothy Taylor | 30 min | Categories: The Great Courses Plus Online Economics & Finance Courses
The economic potential of Latin America is quite substantial and deserves to attract American business and government attention. Focus on its import substitution industrialization policies from the 1950s to the 1970s, as well as the problems that arose with foreign debt and hyperinflation in the 1980s.