Two Peas in a Pod: How the confluence of politics and the economy shape development

Directly following World War II, Latin America experienced higher growth rates than other parts of the developing world (Asia, the Iberian Peninsula, and the United States). By the turn of the century, Latin America had one of the slowest growth rates out of those same regions. Which government responses to economic instability in Latin America were most successful in catalyzing development? The focus of this question is how the issues of confluence between politics and the economy effect the growth of Latin American countries. Throughout Latin America’s history, the economies have been reliant on exporting raw materials and natural resources. Different policies have been introduced by different governments to control for fluctuations in the prices of the natural resources