The First Four Decades of the Chilean Coal Mining Industry, 1840–1879

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Abstract
Contemporary ‘dependency’ writers have attributed the origins of most of Latin America's past and present economic problems to the expansion of European capitalism in the nineteenth century. It led to the formation of alliances between local elites and powerful foreign interests, giving the latter participation in policy making. The main tenet of the ‘dependency school’ is that the economic policies derived from this alliance, and the alliance itself, were detrimental to ‘national’ development, since they inhibited the growth of the non-export oriented activities of the economy.
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