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Jorma Ahvenainen. The European Cable Companies in South America before the First World War. Helsinki, Finland: Academia Scientiarum Fennica, 2004. 427 pp. ISBN 951-41-0947-3, X35.00.
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After the wars of independence in the first half of the nineteenth century, Latin American countries embarked on a process of insertion into the world economy, opening their doors to foreign investment and specializing in the exportation of raw materials. In free markets and in an alignment with the British imperial economic system, Latin American elites saw a road for economic prosperity and political stability. Between the 1880s and 1914, Latin America became more integrated into the
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