Abstract
At the empirical level there is evidence of industrialisation and economic growth in Latin America and the Caribbean in the last 30 years but there has also been an increase in poverty and inequality. The authors argue that development and underdevelopment cannot be understood solely in terms of external dependency or national autonomy. The paper highlights the inadequacy of an empirical methodology which attempts to make universal theoretical generalisations from statistical regularities and suggests it is necessary to uncover the underlying structures which determine observable surface phenomena.
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