Economic growth in Latin America during the 19th century

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Cristian Paúl Naranjo Navas
http://orcid.org/0000-0003-1532-203X
Alegria Cumanda Navas-Labanda

Abstract

These variables have allowed to see the panorama of the development of the region from its economic and social dimensions. After an analytical review of the evolution of the proposed variables, it is concluded that the region goes through two periods of growth: the first, from 1830s to 1860s, with slow growth, characterized by regional conflicts and constant external debt defaults; the second, from 1870s to 1900, characterized by an accelerated growth of the Gross Domestic Product, exports and investments, an increase in literacy levels and life expectancy. The economic growth of the region caused banking systems to multiply, as well as educational and health institutions, which favored population growth.

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Author Biography

Cristian Paúl Naranjo Navas, Universidad Nacional de Chimborazo

Profesor de Microeconomía y relaciones internacionales en la Facultad de Ciencias Políticas de la Universidad Nacional de Chimborazo

 

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