Date of this Version


Document Type

Occasional Paper


This work was prepared by Salvadoran economist Roberto López under the sponsorship of the Central American Research Program at the Latin American and Caribbean Center of Florida International University (FIU). An initial Spanish version of the paper was presented in a public lecture on March 25, 1986, during the author's visit as a guest lecturer at FIU. Both the visit and this publication were made possible by a grant from the Tinker Foundation.

Translated from the Spanish by Patricia Jepsen.
Editor: A. Douglas Kincaid ; Editorial Assistant: Sofia A. López