WALTON, JOHN — Elites and Economic Development : Comparative Studies on the Political Economy of Latin American Cities

Austin : University of Texas / Institute of Latin American Studies 1977 ADDED a card from Institute of Latin American Studies to (colleague) Dr, Jongkind, presenting the very first edition. 257 p. tables, bibliogr,, index SOFTCOVER: (Orig. wrpprs, VERY GOOD) RARE VERY FIRST EDITION Based on original fieldwork and interviews with more than three hundred members of the political and economic elites. This study allows the author to pair, across countries, cases of early and large-scale industrialization (Monterrey and Medellin) with cases of more recent industrial growth in agricultural-commercial centers (Guadalajara and Cali). Walton places a good deal of emphasis on the role of foreign investments, demonstrating that the more penetrated regions are also the less developed.Finally, the results of these studies are used to evaluate and advance theories of underdevelopment and particularly of economic dependency.