Fall Research Expo 2021

Latin American Economies in Transition during the 20th Century

Latin American economies were in a period of transition and crisis during the majority of the 20th century. Many nations pursued economic projects and new policies to boost their economies. Extractivism emerged in Brazil, as the government experimented with babassu, a type of palm, to serve as an alternative fuel source. Economic experiments were also applied to deflation efforts and economic stabilization programs around the time of military coups in Argentina and Chile. In this research project, I explore the intersection between economic conditions and political instability, along with how its effects trickle down to the working class and how the government approaches policymaking in its wake. I also analyze how the press portrayed such economic policies. I found that in these three nations, poor economic conditions were exacerbated by political instability and policymaking experiments in the 20th century. As a result, mobilizations by the working class created divides within the population—this social dynamic is seen across all three nations as well.

PRESENTED BY
PURM - Penn Undergraduate Research Mentoring Program
Advised By
Melissa Teixeira
Assistant Professor of History
Join Megha for a virtual discussion
PRESENTED BY
PURM - Penn Undergraduate Research Mentoring Program
Advised By
Melissa Teixeira
Assistant Professor of History

Comments

You do a great job breaking down all the info you gather from what sounds like a considerable variety of sources! I was wondering if there was a particular political valence to the press identifying increased wages as a source of inflation. Is it similar to today how people complain about workers asking for increased pay and benefits harm the economy (or even more recently how unemployment benefits are harming financial recovery)? 

As a Latin American, I truly appreciated learning more about 20th Century History of the continent. It informed me on how inflation shaped the area and gives reason to many problems that we are facing today. It seems like a very complete and holistic project which evaluated documents from several different fields. Great job!