This paper deals with institutional persistence in long-term economic development. We investigate the historical record of education in one of the fastest growing and most unequal societies in the twentieth century – the state of São Paulo, Brazil. Based on historical data from an...

This work wants to describe the different positions that adopted revolutionary organizations linked to Peronism when faced with the implementation of the economic policies by the peronist governements from 1973-1976. the analysis is focused mainly on the visions by Montoneros/ FAR, by Fuerzas...

The IMF had a coercitive and disciplining role in different eras of Argentina`s economic history. This role became more evident when facing governements that were not so fond of implementing the reforms suggested by the international financial institution but that at the same time strongly...

As it also happened in many Latin American countries during the 60s and 70s, inflation became one of the main economic problems in the Brazilian economy. The acceleration of prices and hyperinflation coexisted not only with periods of economic expansion (1956-1979), but also with huge...

Both theoretical and empirical literature has identified several channels through which FDI influence economic growth in Latin America. This study however examines the impact on economic output growth using aggregate production function augmented with FDI inflows, policy reforms and the...

Argentina and Canada started their industrialization processes while exporting natural resources and importing capital goods. These two nations were sparsely populated but received significant inflows of European immigrants since the second half of the nineteenth century. Until the start of...

In this paper we study the state's role in the modernization and urban transformation in Buenos Aires in the period 1850-1910. This transformation was connected with the economic movements of the second half of the nineteenth century. It was a modernizing movement, a radical alteration of the...

Since the 1950’s Latin America and the Caribbean have lost relative income share on a consistent basis in relation to the World and the developed countries on average. This paper presents a regional comparative statistical and econometric analysis for 1950-2007 for seven regions in the world,...

We study the existence of structural break in TFP and in several indicators of openness for a sample of 20 Latin American and Caribbean economies for the period 1960-2005. For this purpose, it has been used the test of Zivot and Andrews (1992) on series of TFP computed from a development...

This paper examines the determinants of economic growth in Guatemala, with a particular focus on the schooling level. Results based on an error-correction methodology show a better educated labour force has a positive and significant impact on economic growth. Consistent with micro evidence for...