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Latin America and the Socio-Economic Impact of the Cuban Revolution

  • Pedro C. M. Teichert

Extract

The Cuban revolution has profoundly shaken the economic and political foundation traditional in most of the 20 Latin American republics. The demand by the rest of Latin America for Cuban type reforms has also required a reappraisal of U. S.-Latin American relations, which with the breaking off of diplomatic intercourse between Cuba and the U. S., January 4, 1961, have reached their lowest point since the initiation in the mid 1930's of the Good Neighbor Policy by President Roosevelt. Furthermore, the spread of the Cuban revolution, with its ideals and aspirations for the fulfilment of the age-old political, social, and economic aspirations of the downtrodden masses, is now an imminent threat for the remaining undemocratic Latin American governments. There is no denying the fact that most Latin American countries are still run by an oligarchy of landlords and the military.

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1 Pedro C. M. Teichert, “La revolución económica en la América Latina,” Revista estudios americanos, Vol. XIII, Seville, Junio-Julio 1957.

2 Teichert, Pedro C. M., Economic Policy Revolution and Industrialization in Latin America, Bureau of Business Research, University of Mississippi, 1959 .

3 Teichert, Pedro C. M., “The Main Experience and Policies of the Industrial Revolution in Latin America”, Weltwirtschaftliches Archiv, Vol. 85, No. 2, 1960, pp. 279301.

4 “Brazil—Insult to Injury,” Time, March 17, 1961, p. 32.

5 “The Americas—Two Views South,” Time, March 17, 1961, p. 30.

6 “Comparative Statistics on the Latin American Republics,” World Trade Information Service, Part 3: Statistical Reports, Nos. 55-47, 58-3.

7 Hauberg, C. A., “Panama: Pro Mundi Beneficio,” Current History, Vol. XXXII, New York, April 1957, p. 232.

8 Teichert, Pedro C. M., “Analysis of Real Growth and Wealth in the Latin American Republics,” Journal of Inter-American Studies, Vol. I, Gainesville. April 1959, pp. 173 seq.

9 Pedro C. M. Teichert, “Preface to Spanish Edition,” Economic Policy Revolution and Industrialization in Latin America, Bureau of Business Research, University of Mississippi, 1961 (Fourth Printing).

Latin America and the Socio-Economic Impact of the Cuban Revolution

  • Pedro C. M. Teichert

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