Advertisement

Latin America

  • Leonardo Weller
Chapter
Part of the Palgrave Studies in Economic History book series (PEHS)

Abstract

Like the USA and Canada, Latin American countries were colonies of Western European empires. But despite similar European backgrounds and factor endowments, Latin America remains poorer than its northern neighbours. This chapter discusses the historical, geographic, and climatic conditions that are at the centre of the predominant theories relevant to understanding the divergence between North and Latin America.

JEL Classification

N16 N26 N36 N46 N56 

Reading List

  1. Acemoglu, Daron, Simon Johnson, and James A. Robinson. 2002. Reversal of Fortune: Geography and Institutions in the Making of the Modern World Income Distribution. Quarterly Journal of Economics 117 (4): 1231–1294.CrossRefGoogle Scholar
  2. Acemoglu, Daron, and James A. Robinson. 2001. A Theory of Political Transitions. American Economic Review 91 (4): 938–963.Google Scholar
  3. ———. 2006. De Facto Political Power and Institutional Persistence. American Economic Review 96 (2): 325–330.Google Scholar
  4. Altmir, Oscar. 1996. Economic Development and Social Equity. Journal of Interamerican Studies and World Affairs 38 (2/3): 47–71.CrossRefGoogle Scholar
  5. Arroyo, Leticia A. , Elwyn Davies, and Jan Luiten van Zanden. 2012. Between Conquest and Independence: Real Wages and Demographic Change in Spanish America, 1530–1820. Explorations in Economic History 49 (2): 149–166.Google Scholar
  6. Bértola, Luis, Cecilia Castelnovo, Javier Rodríguez, and Henry Willebald. 2010. Between the Colonial Heritage and the First Globalization Boom: On Income Inequality in the Southern Cone. Revista de Historia Económica: Journal of Iberain and Latin American History 28 (2): 307–341.Google Scholar
  7. Bértola, Luiz, and José Antonio Ocampo. 2013. El desarrollo económico de América Latina desde la independencia. Mexico City: Fondo de Cultura Económica.Google Scholar
  8. Coastsworth, John H. 2012. Desigualdad, instituiciones y crescimiento económico en América Latina. Revista del Departamiento de Economía 35 (69): 204–230.Google Scholar
  9. Colistete, Renato P. 2007. Productivity, Wages, and Labor Politics in Brazil, 1945–1962. Journal of Economic History 67 (1): 93–127.CrossRefGoogle Scholar
  10. Engerman, Stanley L., and Kenneth L. Sokoloff. 1994. Factor Endowments: Institutions, and Differential Paths of Growth Among New World Economies. NBER Historical Working Papers, Paper No. 66.Google Scholar
  11. ———. 2002. Factor Endowments, Inequality, and Paths of Development Among New World Economics. NBER Working Papers, Paper No. w9259,Google Scholar
  12. Furtado, Celso. 1970. Formação econômica da América Latina. Rio de Janeiro: Lia.Google Scholar
  13. Garavaglia, Juan Carlos, and Juan Marchena Fernández. 2005. América Latina de los Orígenes a la Independencia: la sociedad colonial ibérica en el siglo XVIII. Barcelona: Crítica.Google Scholar
  14. González, Rafael D., and Héctor G. Montero. 2010. Colonial Origins of Inequality in Hispanic America? Some Reflections Based on New Empirical Evidence. Journal of Iberian and Latin American Economic History 28 (2): 253–277.CrossRefGoogle Scholar
  15. Haber, Stephen. 1992. Assessing the Obstacles to Industrialisation: The Mexican Economy, 1830–1940. Journal of Latin American Studies 24 (1): 1–32.CrossRefGoogle Scholar
  16. Haber, Stephen, Armando Razo, and Noel Maurer. 2004. The Politics of Property Rights: Political Instability, Credible Commitments, and Economic Growth in Mexico, 1876–1929. Cambridge: Cambridge University Press.Google Scholar
  17. Hespanha, António Manuel. 2001. A constituição do Império português. Revisão de alguns enviesamentos correntes. In O antigo regime nos trópicos: A dinâmica imperial portuguesa: (séculos XVI–XVIII), ed. João Fragoso and Maria de Fátima Gouvêa. Rio de Janeiro: Editora Record.Google Scholar
  18. Irigoin, Alejandra, and Regina Grafe. 2008. Bargaining for Absolutism: A Spanish Path to Nation-State and Empire Building. Hispanic American Historical Review 88 (2): 173–209.CrossRefGoogle Scholar
  19. Johnson, Lyman L., and Zephyr Frank. 2006. Cities and Wealth in the South Atlantic: Buenos Aires and Rio de Janeiro before 1860. Comparative Studies in Society and History 48 (3): 634–668.CrossRefGoogle Scholar
  20. Klein, Herbert S., and Francisco Vidal Luna. 2009. Slavery in Brazil. 1st ed. New York: Cambridge University Press.CrossRefGoogle Scholar
  21. Love, Joseph L. 2005. The Rise and Decline fo Economic Structuralism in Latin America: New Dimensions. Latin American Research Review 40 (3): 100–125.Google Scholar
  22. Ludlow, Leonor, and Carlos Marichal. 1998. La deuda pública en México en el siglo XIX: el tránsito hacia la modernidad. In Un siglo de deuda pública en México, ed. Leonor Ludlow and Carlos Marichal. Mexico City: Instituto Mora.CrossRefGoogle Scholar
  23. Maurer, Noel. 2002. The Power and the Money: The Mexican Financial System, 1876–1932. Stanford, CA: Stanford University Press.Google Scholar
  24. North, Douglass C. 1990. Institutions, Institutional Change and Economic Performance. Cambridge: Cambridge University Press.Google Scholar
  25. North, Douglass C., William R. Summerhill, and Barry Weingast. 2000. Order, Disorder and Economic Change. Latin America versus North America. In Governing for Prosperity, ed. Bruce Bueno de Mesquita and Hilton L. Root. New Haven, CT: Yale University Press.Google Scholar
  26. Passananti, Thomas. 2007. “Nada de Papeluchos!” Managing Globalization in Early Porfirian Mexico. Latin American Research Review 42 (3): 101–128.CrossRefGoogle Scholar
  27. Prados de la Escosura, Leandro. 2007a. When Did Latin America Fall Behind? In The Decline of Latin American Economies: Growth, Institutions, and Crises, ed. Sebastian Edwards, Gerardo Esquivel, and Graciela Marquez, 15–57. Chicago: Chicago University Press.CrossRefGoogle Scholar
  28. ———. 2007b. Inequality and Poverty in Latin America: A Long-Run Exploration. In The New Comparative Economic History: Essays in Honor of Jeffrey G. Williamson, ed. T.J. Hatton, Kevin H. O’Rourke, and Alan M. Taylor. Cambridge, MA: MIT Press.Google Scholar
  29. ———. 2009. Lost Decade? Economic Performance in Post-Independence Latin America. Journal of Latin American Studies 41 (2): 279–307.Google Scholar
  30. Prebisch, Raúl. 1962. The Economic Development of Latin America and Its Principal Problems. Economic Bulletin for Latin America 7 (1): 1–22.Google Scholar
  31. Summerhill, William R. 2008. Fiscal Bargaining, Political Institutions, and Economic Performance. Hispanic American Historical Review 88 (2): 219–233.CrossRefGoogle Scholar
  32. Taylor, Alan M. 1998. On the Cost of Inward-looking Development: Price Distortions, Growth, and Divergence in Latin America. Journal of Economic History 58 (1): 1–28.Google Scholar
  33. Thorp, Rosimery. 1998. Progress, Poverty and Exclusion: An Economic History of Latin America in the 20th Century. Washington, DC: Inter-American Development Bank.Google Scholar
  34. Weller, Leonardo. 2015. Government versus Bankers: Sovereign Debt Negotiations in Porfirian Mexico, 1888–1910. Journal of Economic History 75 (4): 1030–1057.Google Scholar
  35. Williamson, Jeffrey G. 2009. Five Centuries of Latin American Inequality. NBER Working Paper Series, Paper No. w15305.Google Scholar
  36. Williamson, Jeffrey G., and Luis Bértola. 2003. Globalization in Latin America before 1940. NBER Working Paper Series, Paper No. w9687.Google Scholar

Copyright information

© The Author(s) 2018

Authors and Affiliations

  • Leonardo Weller
    • 1
  1. 1.Fundação Getúlio VargasSão PauloBrazil

Personalised recommendations