The cost of becoming global requiere large-scale investments in these new technologies.

In the Latin American countries foreign investments are stimulated by local governments, which have influenced urban growth to become the most urbanized region of the third world, with extremes of wealth and poverty . This has created the conditions for development of a potential urban market for consumption of technology and services, monopolized by the north.

How does the monopoly of the north affect Latin American urban development? Will it further Latin America's role as a reservoir of cheap labor and raw materials for global economies?

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