textfiles/politics/SPUNK/sp000690.txt

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The information in this file was recently published in FREEDOM -
the fortnightly anarchist journal published by FREEDOM PRESS:
FREEDOM PRESS (IN ANGEL ALLEY) 84B WHITECHAPEL HIGH STREET,
LONDON E1 7QX GREAT BRITAIN
Do write for a sample copy or for a copy of our booklist of
publications. We will be putting more of this information out so
watch this spot...
DEPRESSION AND UNEMPLOYMENT IN LATIN AMERICA A VIEW FROM URUGUAY
In 1990 the total level of unemployment in Latin American
countries hit 50 million; but by the year 2000 a further 100
million jobs will be needed. The population of the area is
doubling in the space of 30 years as opposed to 100 in North
America and 600 in some European countries. The bed produces many
births but the table little food and with underdeveloped
agriculture and industry the future looks bleak for the end of
this and the beginning of the next century.
Some Latin American analysts, who look at the persistant
structural imbalances in the economies of some 20 countries south
of the Rio Grande, estimate that the crisis is growing more
severe year on year with a snowballing effect. In this climate of
ideas, journals linked with CEPAL, believe that between 79 and 89
'Latin America lost 10% of economic growth'... it can also be
noted that growth in GDP per capita in the region was negative in
88 and 89 with figures of -1.5 and -1% respectively. This is due
to the fact that the annual rate of population growth is 2.6%,
one of the highest in the world and only surpassed in Africa.
Faced with the slow growth in agricultural and industrial
production in the region and the rapid population growth, some
international financial organisations have put conditions on
credit demanding malthusian family planning policies.
The truth, however, is that this is not the main cause of the
inertia in GDP but rather the fact that the developed world has
shouldered the underdeveloped world with external debt amounting
to $1.2 billion of which 440.000 million is Latin American.
The region is not overpopulated: population density is 20 per
km2, against 101 in Asia, 100 in Europe and 27 in the USA with
Japan coming in at 322. However, Japan enjoys double the GDP rate
of Latin America in absolute terms and is six times richer than a
Latin American.
South Korea and Taiwan, two decades ago, were underdeveloped -
as much or more so than Latin America. Both countries were
overpopulated but economic growth was high because they ceased
being exporters of primary products and started producing and
exporting manufactured goods, which gives added value, provides
work and sells well internationally. Thus, unbelievably, Taiwan
in a reduced area and with a population of only 20 million
produced in value terms half the exports of Latin America and has
currency reserves many times greater.
The population growth in the area is actually beneficial. In
reality a vacuum lies at its centre given that the population
concentrates around the deltas of its great rivers and the
seabord penetrating the interior by about 1500 kms.
Economic and technological development within a given country
requires population densities of some 100 per km2 for only thus
can markets be created which can supply the demand necessary to
sustain agriculture and industry. Currently in those markets that
do exist only primary materials are produced and exported and
therefore given the lack of added value trade balances are in
deficit and the final outcome is crippling external debt.
In this sense, accelerating population growth coupled with
exports of primary materials has led to the collapse of economic
and technological development and the necessary importation of
modern machinery, up-to-date technology has proved impossible to
finance as has also the cost of patents and new materials to
export quality manufactured goods - the only way to maintain
relatively full emploment. This all explains the level of 46
million unemployed roughly the equivalent of half the young
labour force. But in the perspective of 2000 if the region wishes
to escape from this crisis of underdevelopment 100 million new
jobs will be needed. Currently the active labour force stands at
around 124 million paradoxically with more emploted in the
terciary sector rather than agriculture and industry.
If on top of official unemployment we add unproductive
employment of travelling salesmen, shoeshiners, domestics,
excessive bureaucracy in the state aparatus, supernumaries in
small businesses and low productivity companies we arrive at an
unemployment rate of 40%. But, moreover,since the active part of
the labour force is no bigger than 30% as opposed to 43% in the
EEC there is a difference of 13% underemployment in Latin
America. The reality is that work is scarce and 50 million live
in extreme poverty. The EEC has a productive labour force of 139
million as opposed to Latin America's 124 but has a GDP four
times higher.
Given the facts one asks oneself. How come Latin America with
more university and technological development than for example
South Korea 20 years ago the later has industrialised whereas a
country like Argentina is facing an almost inescapable crisis?
It all suggests a crisis in the economic, scientific,
technological and cultural development model in Latin America
which has perversely led to growth in the wrong sectors of the
economy...
Abraham Guilln Quark Dec. 93 URUGUAY