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The lack of focus on Latin American development in the post-war period was addressed by the creation of the Inter-American Development Bank (IDB) was established in April 1959, by the U.S. and initially nineteen Latin American countries, to provide credit to Latin American governments for social and economic development projects. Earlier ideas ...
The Latin American economy is an export-based economy consisting of individual countries in the geographical regions of North America, Central America, South America, and the Caribbean. The socioeconomic patterns of what is now called Latin America were set in the colonial era when the region was controlled by the Spanish and Portuguese empires.
In the economic sphere, the crown sought to gain control over church revenues. The Church functioned as one of the largest economic institutions within colonial Latin America. It owned and retained jurisdiction over large amounts of land, [37] which the crown wanted for itself because of the economic value which could be derived from the land. [41]
The idea that a part of the Americas has a cultural or racial affinity with all Romance cultures can be traced back to the 1830s, in particular in the writing of the French Saint-Simonian Michel Chevalier, who postulated that this part of the Americas were inhabited by people of a "Latin race," and that it could, therefore, ally itself with "Latin Europe" in a struggle with "Teutonic Europe ...
Simón Bolívar was an important leader in the development of Creole Nationalism in Venezuela.. The term Creole nationalism or Criollo nationalism refers to the ideology that emerged in independence movements among the Criollos (descendants of the European colonizers), especially in Latin America in the early 19th century.
Public support for Latin American integration is generally high but has been declining in many South and Central American countries over time. According to one study based on Latinobarómetro data, 73% of Latin Americans support economic integration and 63% support political integration in Latin America. [18]
The Latin American wars of independence may collectively refer to all of these anti-colonial military conflicts during the decolonization of Latin America around the early 19th century: Spanish American wars of independence (1808–1833), multiple related conflicts that resulted in the independence of most of the Spanish Empire's American colonies
Latin American revolutions may refer to: Spanish American wars of independence , 19th-century revolutionary wars against European colonial rule For other revolutions and rebellions in Latin America, see List of revolutions and rebellions