Publisher's Synopsis
This book explains how the social upheavals which led to the Nicaraguan revolution and the civil wars in El Salvador and Guatamala were rooted in the export-led model followed in the region.;The tensions created by the apparent success of the model called for a strong policy response from the region' s governments to which only Costa Rica and to a lesser extent Honduras, responded.;The author also explores the efforts of the Central American countries to achieve regional co-operation in the economic sphere. These achievements have been put at risk by the crisis of the last decade and the author makes a number of proposals for reversing the economic decline.;Victor Bulmer-Thomas is also author of " The Political Economy Of Central America since 1920" and "Input-Output Analysis: Sources, Methods And Applications For Developing Countries".
