HIS 1111 Lecture 8: March 4th History 1945- Lecture Notes
Document Summary
In order to develop an economy that was structurally underdeveloped they needed capital, which they needed the west for: nation and state building in post-colonial societies. Economic struggle: held hostage by commodity prices which are unstable, export based economies focused on primary resources and agriculture, foreign direct investment, favoured western investors. Timeline: 1933 1945 crisis of great depression, 1945 early 1960s isi modernisation, late 1960s 1980 reform and repression, 1981 1989 lost decade (era of the debt crisis, 1990 present globalisation and democracy. European conquest: epidemiology, 90 95% of the amerindian died from diseases brought to them from europe, civilisation collapsed under the weight of the disease, hacienda system, slavery, plantation economy. Roman catholicism: high church, folk catholicism, popular culture. Post-colonial society: elites, gap between the rich and the poor is extremely high, spanish descendants, landowners (2%), entrepreneurial elites, bishops, military. Dependency theory and import substitution (1930 1980)