Urbanization in Latin America was the result of the industrialization that took place in the 18th century and attracted rural population to migrate in order to get better employment and life facilities. However, Neoliberalism caused privatization and resulted in the economic opportunities and growth prospects but the long-term effects tend to be declining in terms of growth due to the imbalance of job availability and job requirements and autonomy of corporate companies.
Import Substitution Industrialization vs. Neoliberalism
Urban primacy
Privatization
Urban Growth
Over Urbanization
Informal Sector
Squatter Settlement
Sustainable Development
Tourism
Drug Production
Neoliberalism and Sustainability
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Answer
Import Substitution Industrialization vs. Neoliberalism
Import-Substitution-Industrialization or (ISI) refers to the policy which facilitates trade and country's economy by means of replacing imports with the products that are produced domestically which ultimately focuses on a country's dependency and protects it from the foreign economic shocks. The policy was adapted by many countries in North America in the 18th century which resulted to be successful in large countries where the income was high and people were able to consume the products that were produced locally. The increased adherence to the local production backed by the government resulted in the construction of infrastructure for the economic purposes in the Teotihuacan and accessibility to shores resulted in the colonial development and thus made the export possible (Jackiewicz & Bosco, 61).
However, neoliberalism promotes the free trade and reduces the expenditure of government in order to promote the activities in the private sector of the economy. The construction of roads linked the major cities to smaller cities and the development in the private sector by means of tax reduction attracted the people from small cities. Moreover, the focus on the development of private sectors attracted the riches from the region to invest and generate profits. The colonial population that was populated due to the trade purpose followed this adherence and started to invest. The adherence towards the export and investments resulted in the construction of port in Buenos-Aires and the colonies that were made in the 18th century influenced the architecture of buildings which were mainly influenced from British engineering and the cities in Andean nation i.e. Chile was impacted from these activities. It has been observed that the urbanization was strongly influenced from the development of well-planned cities and the architecture (Jackiewicz & Bosco, 63).
Urban primacy
Urban primacy indicates the increase in population twice in the number of a certain city with respect to its adjacent city and such cities are often considered to be center of social, political and economic activities. The growth in the population of Peru in the year 2010 was considered to be 11 times high than its neighboring city Arequipa. The city possessed the infrastructures by means of museums, offices and universities and thus attracted large number of population. Moreover, Buenos-Aires is 3.5 times greater in population than its neighboring cities and the population of Montevideo is 5 times higher than its neighboring cities. Similarly, Port-au-Prince is also larger than its neighboring cities in Haiti with the 3.8 times increased population (Jackiewicz & Bosco, 65).
Privatization
The privatization in the region took place as a result of neoliberal policy in order to reduce the dependency on state for the economic activities and bring investments from the riches to generate more profits and employment opportunities (Jackiewicz & Bosco, 94).
Urban Growth
It has been observed that the urban growth in Latin America has been increased over the years and many key factors have been found to account for the increased growth in this region. The pattern of migration that took place during the 19th century caused the increase in population and the growth was sustained due to the industrialization in the urban areas which resulted in the economic uplift of this region and the urban-rural migration still prevails in the 20th century specifically due to economic factors and the availability of services. Moreover, the increased facility to communicate and transport facilities attracted large number of youth to these cities which resulted in their permanent settlement which also increased the birth rate in these cities (Jackiewicz & Bosco, 65-66).
Over Urbanization
The industrialization that took place from the year 1930 -- 1940 in Argentina, Brazil and Mexico attracted a large number of rural population and people from small cities started to migrate towards these cities by means of employment opportunities and due to the provision of better services in large cities. The problem occurred because the urbanization increased at faster pace than the...
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