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Five Centuries of Latin American Inequality

Williamson, Jeffrey G. - 2009

Most analysts of the modern Latin American economy hold to a pessimistic belief in historical persistence -- they believe that Latin America has always had very high levels of inequality, suggesting it will be hard for modern social policy to create a more egalitarian society. This paper argues...

Persistent link: https://www.econbiz.de/10012463345

History without Evidence : Latin American Inequality since 1491

Williamson, Jeffrey G. - 2009

Persistent link: https://www.econbiz.de/10012463881

The Social Implications of Sugar : Living Costs, Real Incomes and Inequality in Jamaica c1774

Burnard, Trevor - 2017

This paper provides the first quantitative assessment of Jamaican standards of living and income inequality around 1774. To this purpose we compute welfare ratios for a range of occupations and build a social table. We find that the slave colony had extremely high living costs, which rose...

Persistent link: https://www.econbiz.de/10012453817

Latin American Inequality : Colonial Origins, Commodity Booms, or a Missed 20th Century Leveling?

Williamson, Jeffrey G. - 2015

Most analysts of the modern Latin American economy have held the pessimistic belief in historical persistence -- they believe that Latin America has always had very high levels of inequality, and that it's the Iberian colonists' fault. Thus, modern analysts see today a more unequal Latin America...

Persistent link: https://www.econbiz.de/10012457751

Commodity Price Volatility and World Market Integration since 1700

Jacks, David S. - 2009

, globalization has been good for growth in poor countries at least by diminishing price volatility. But comparative advantage has … never been constant. Globalization increased poor country specialization in commodities when the world went open after the …

Persistent link: https://www.econbiz.de/10012463899

Globalization and the Great Divergence : Terms of Trade Booms and Volatility in the Poor Periphery 1782-1913

Williamson, Jeffrey G. - 2008

W. Arthur Lewis argued that a new international economic order emerged between 1870 and 1913, and that global terms of trade forces produced rising primary product specialization and de-industrialization in the poor periphery. More recently, modern economists argue that volatility reduces growth...

Persistent link: https://www.econbiz.de/10012464805

Globalization, Convergence and History

Williamson, Jeffrey G. - 1995

years were also ones of economic autarky and 'de-globalization', while the rest were ones of increasing globalization in … world commodity and factor markets, history offers an unambiguous positive correlation between globalization and convergence … causal: the globalization of commodity and factor markets served to play a critical, perhaps the critical, role in …

Persistent link: https://www.econbiz.de/10012473616