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Did independence push Latin America down a growth-inequality trade-off? During the late colonial decades, the region completed two centuries of growth unmatched anywhere and inequality reached spectacular heights. During the half century after insurgency and independence, inequality fell steeply...
Persistent link: https://www.econbiz.de/10012462972
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
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/10012463881
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
globalization? Why was industrialization so weak? Why was inequality on the rise? This paper offers an answer to these questions. It … massive de-globalization during the decades of lost growth' between the 1820s and the 1870s. Next, it documents what happened … World War I, while it fell thereafter. The correlation between globalization and inequality is likely to have been causal …
Persistent link: https://www.econbiz.de/10012469011