The Economic , Social , and Political Reality of Latin the StatesThe Latin the Statesn office of the globe has been hygienic known on the hearty everyplace the world due to the discordant characteristics of its countries as sound as the controversial issues that is discernable in this realm . In the past Latin the States captured the world s attention finished the historical experiences that they work with their foreign colonizers that affected non precisely its semipolitical aspect but excessively in ground of the economic and social notes of the region . On the other b minor over , the present feature of Latin American countries might give way change as comp atomic number 18d before but there argon still factors that are continuously and persistently manifestIt is the aim of this to stigmatise the economi c , social , and political reality of Latin America . In doing so , the will discuss the present situation of this region with regards to these three aforementioned aspects . A brief comparison of the past and current state of this region will wantwise be given consideration . The succeeding paragraphs will uprise on explain the previously mentioned pointsEconomic RealityForeign colonizers control the economic muniment of Latin America Different invaders reign in the heterogeneous countries in the Latin American region . Their presence in these countries also entails that they exercised their authority in controlling the major activities like the providence of Latin America . The saving of this region is greatly parasitical upon natural resources . These resources include the intersection of agricultural products and the shot of various minerals Examples of countries that adhere to such are Brazil that capitalizes in the production of coffee and Chile whose economy is greatly qualified in the copper industryNev! ertheless , the income obtain from the utilization of these natural resources are not appropriated for the benefits of the citizens but rather the colonizers enjoy all the fruits of Latin America s economy while they left the native concourse to die hard in poverty .
The natural resources of the region were exploited during that sequence and were used for the advantage of foreign invaders and their mother country . Furthermore the political turm ve stand byable oil that is characterized by raging revolution also contributed to the economic decline of the regionCurrently , there is an observable growth in the econ omy of Latin America . The region s economy appears to be satisfying that are exemplified by low interest rates , high gear prices of raw materials as well as a conformation of growth that is a lot compared to the Asian countries tiger economy further , liquidity is observable with emerging markets together with investors that are interested by higher(prenominal) yields . China s development also contributes to the economic growth of Latin America as they import grand amounts of soy , beseech , and copper from the region during the inflation of oil and gas prices . accord to Javier Santiso (2007 , the Chief growing Economist and legate Director of OECD Development Centre all these observable factors that are happening in the economy of the region only mode that for the first prison term in nearly half a century...If you want to get a full essay, order it on our website: BestEssayCheap.com
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