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ECLAC and the Political Economy of the Central American Common Market
Published online by Cambridge University Press: 12 October 2022
Extract
The Central American Common Market (CACM) was once described as “the most successful example of economic integration in the Third World.” Today the CACM is nearly defunct, a victim of the smoldering crisis that erupted in Central America in 1979 following the second oil shock and the Nicaraguan Revolution. Various arguments may be found in the literature on the economics of the region that purport to explain this collapse.
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- Copyright © 1988 by Latin American Research Review
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