Latin American agriculture defies generalization across products and countries

Evidence

Gudin described unfavorable geographic and climatic conditions for agriculture in Latin America (with few exceptions, in Argentina). But countering the prevailing perception of price and income instability in the agricultural sector, he made a double distinction between annual and perennial agricultural products, and between durable and perishable products. Such differences and a “higher or a lower price elasticity of demand makes it difficult to speak of ‘agricultural produce’ in general. Generalization here often leads to confusion, as is also the case when ‘Latin American’ economic problems are discussed as a whole” (Gudin 1958, 2). — Philip Mirowski & Dieter Plehwe (eds.), The Road from Mont Pèlerin, 1310

Categorization

  • XREF: connects to: Agriculture replaces nomadic presentism with past-and-future rooted identity

Broader Connections