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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 ...
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 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.
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 ...
The participation of the United States in regime change in Latin America involved US-backed coup d'états which were aimed at replacing left-wing leaders with right-wing leaders, military juntas, or authoritarian regimes. [1] Intervention of an economic and military variety was prevalent during the Cold War.
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]
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.
The decolonization of the Americas occurred over several centuries as most of the countries in the Americas gained their independence from European rule. The American Revolution was the first in the Americas, and the British defeat in the American Revolutionary War (1775–83) was a victory against a great power, aided by France and Spain, Britain's enemies.