This research paper discusses the Central American nations and the current economic and political conditions impacting prospects for improving their economies and achieving or maintaining democratic reform initiatives into the new century.
Written in 2002; 2,265 words; 13 sources; APA; $ 70.95
Paper Summary:
The following paper discusses the historical facts pertaining to the economic development of Central America. It also examines the unfolding of events and regional and global environmental factors and provides a qualitative analysis to support the central thesis that forward movement can be sustained.
From the Paper:
?Central America is an area undergoing a huge transformation as it enters the 21st century, integrating the economic social, political and cultural changes associated with its goal of incorporation into the global economy and international political society. The old authoritarian regimes have crumbled through transitions to democratic government, and leftist movements of the 1980s have been defeated or transformed. Political and economic changes are apparent throughout in Central America. Facilitated by the proactive opening to the global economy and export-led development (ELD) strategy, maquiladora production (particularly of garments), tourism, nontraditional agricultural exports, and money sent home from emigrant workers have risen dramatically in importance, changing the society and economy of the region from a traditional agricultural base to include and embrace the channels of global production and distribution. This has caused the emphasis to shift from farming, cottage industries of artisans, regionally-focused small industry, and other traditional classes to the new economic activities, creating new urban and rural working classes, and a new class of labor (Robinson, 1998).?
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