Despite persistent rural-urban migration, the agricultural sector has continued to be of vital importance during the last seventy years. Explain, giving examples. INTRODUCTION: In order to answer this question we need to understand why the agricultural sector in Latin America was i...

Brazil earned the reputation of being a "miracle economy" in the late 1960s when double-digit annual growth rates were recorded and the structure of the economy underwent rapid change. Since 1981, however, Brazil's economic performance has been poor in comparison to its potential. T...

From Slavery to Free Labor During the early to mid nineteenth century slave economies were highly present in the Spanish Antilles. Slave labor was highly concentrated on sugar plantations. Since free labor was limited, plantation owners were highly dependent on slave labor, for increase producti...

Introduction The wave of multiple crisis during 70s and 80s, especially with the LDCs and the middle income countries, led to a debate over the viability of foreign capital led development model and also on the need to have a more proactive IMF ,apart from giv...