This article measures Nueva Granada's GDP before its Independence, analyzes its economic growth during 1785-1810 and considers some hypothesis about its continuity in the 19th century, with an ending reference point in 1905. These measures are used to make international comparisons with other...

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...

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...

Das Handwerk gilt in Hinblick auf den Umsatz und die Beschäftigung als Konjunkturstabilisator. Dieser Einschätzung widersprechen allerdings verschiedene wissenschaftliche Untersuchungen. Welche Kräfte hier prozyklisch und welche antizyklisch wirken, lässt sich durch eine...