1. ECLAC
The Economic Commission for Latin American (ECLA) was established and commenced operations in 1948. ... The theory of structural economic dependency gained increasing favor as the basis for Latin American economic policies. ... However, ECLAC formulated the key concepts applicable to Latin America. ... Immediately after its creation in 1948, ECLAC proposed an agenda to develop Latin American sub-regional customs unions. ... The level of development, size and rate of growth varies greatly among Latin American countries. ...
- Word Count: 1742
- Approx Pages: 7
- Has Bibliography
- Grade Level: Undergraduate