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Transnational Politics in Central America$
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Luis Roniger

Print publication date: 2011

Print ISBN-13: 9780813036632

Published to Florida Scholarship Online: September 2011

DOI: 10.5744/florida/9780813036632.001.0001

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Globalization and Transnational Dynamics in Contemporary Central America

Globalization and Transnational Dynamics in Contemporary Central America

Chapter:
(p.150) 13 Globalization and Transnational Dynamics in Contemporary Central America
Source:
Transnational Politics in Central America
Author(s):

Luis Roniger

Publisher:
University Press of Florida
DOI:10.5744/florida/9780813036632.003.0014

This chapter traces the impact of globalization and transnational trends in the form of capital transfers and investment, intraregional trade, the growing relevance of remittances, and tourism. While indicating some improvements in macro-economic performance, analysis also points out the mixed sociological implications in terms of lopsided human development, persisting poverty and socioeconomic gaps, social exclusion, and violence. The democratization of Central American states went hand in hand with increasing global linkages and new transnational trends. Production processes created a web of interdependence between sites of production and assembly and circuits of commercialization. Many products consumed in the United States and the European nations are manufactured in Third World countries with foreign investment growing in correlation to the existence of cheap labor, which also often goes hand in hand with a lack of social security for workers. All this reflects the growing role of globalization.

Keywords:   globalization, transnational trends, investment, intraregional trade, remittances, tourism

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