However, rapid urbanization in Latin America and the harvest-tide of a group of cities concentrating significant proportions of urban population took stray between 1930 and 1970, and was related to the industrialization process and the presentment of capitalist modes of production in rural areas (Lattes, Rodriguez and Villa, 2002). From late 1970s closely Latin American economies started to experience serious frugal difficulties, and the institutions and policies that were ascendent during the Import Substitution Industrializ ation (ISI) model of harvest-feast started ! creation either transformed or dismantled. Most countries were sternly relieve oneself with the so call debt crisis. As stated by the economic Commission for Latin America (ECLAC, 1990), the 1980s was a baffled decade, evidenced in an overall drop of 9.8% in the regional GDP. During the 1990s, a new set of economic policies was dumbfound in practice. Although there is some variation in the counselling countries implemented...If you want to get a full essay, stage it on our website: OrderCustomPaper.com
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