1. Economic Integration and Economic Development in Central America
- Subjects
- Central America
- Abstract
The thesis of this paper is that economic integration can lead Central America to much higher levels of living for her people, but this will be accomplished only if the economic structure of the region is greatly modified. Correcting the structural faults of the Central American economics will also require economic integration. Such structural weaknesses as inadequate medical personal care, limited provision for education of the masses, out-moded fiscal systems, insufficient and inefficient transportation systems, lethargic public administration, the great gap between the incomes of upper classes and the masses of the people, and the concentration of land ownership in the hands of a few must be repaired before economic unification can yield optimum benefits.
- Published
- 1961