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PSIR Optional PYQ Solutions · Model answer

Latin America has made moderate success in countering US-led global economic order by forming various organizations emphasizing regional sovereignty, economic integration and alternative development. Discuss.

  • UPSC 2025
  • 20 marks
  • Globalisation

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For most of the twentieth century Latin America sat inside an American-designed political economy: the Monroe Doctrine (1823) in security, the dollar and Washington-based lenders in finance, and commodity exports that bred dependence. Raúl Prebisch at the Economic Commission for Latin America (ECLAC) diagnosed a centre–periphery structure in which the terms of trade moved against…

You are reading the opening of the model answer. The full answer is part of the PSIR Optional PYQ Solutions.

What the full answer covers

  • Three strands of regional response
  • Where the success is real
  • Why it remains moderate
  • An Indian parallel
  • Conclusion
PSIR Optional PYQ Solutions

PSIR Optional PYQ Solutions

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