The American hemisphere has for a long time had an 800 pound gorilla in it. The influence of the US has been massive and unfortunately often negative for the rest of the states in the Americas. Latin America in general has suffered from the beginning of European contact till very recently. Imperialism has not only shaped the region, it has caused much suffering in the process.
The brunt of Imperialism's excesses fell on the native American population from the very beginning. They were killed off in massive numbers through war and disease until by the start of the 20th century, their population was reduced to a remnant in most areas. In other areas, they were subject to massive discrimination. Foreign rule was mostly cast off throughout the Americas by the beginning of the 19th century. But then the Latin American countries swiftly fell under the aegis of a rising hegemon: the US. The primary concern of the USA was twofold - both classic Imperialist aims. First, effectively exclude other powers from the region. In this aim, it was somewhat successful in the 1800s. Its power was sufficient to prevent European powers from imposing direct rule over South America except for a few minor outposts. However, it was not strong enough to prevent the commercial interests of the other powers, particularly Britain, from penetrating the region. It was more successful in the 1900s as its power grew relative to other nations. Its second aim was to ensure that South America remained as a provider of raw material (including agricultural products) while providing a market for US manufactures. The most effective way of pursuing these aims was to suppress democratic forces and ensure the supremacy of reactionary dictatorships that would do as they were bid. The effective result was the same as in other parts of the world that suffered from colonialism. Domestic industrialization was largely prevented while their domestic markets remained wide open to international competition.
The system developed by the USA vis a vis Latin America had a beautiful aspect. Because the USA ruled through proxies and did not (mostly) impose direct rule, it could claim a moral high ground while still benefiting from the Imperial system. The real sufferers were the mass of the people living in these nations whose living standards declined pretty much constantly throughout the 19th and the 20th centuries while a tiny elite prospered from the status-quo. Here the answer to the question of whether Imperialism benefited the mass of the ruled is even clearer than in other regions. It has to be an unequivocal no.
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