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Latin American Inequality (Williamson)

Latin American inequality: Colonial origins, commodity booms, or a missed 20th century leveling? by Jeffrey G. Williamson published by NBER (1/2015). “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 compared with Asia and most rich post-industrial nations and assume that this must always have been true…”

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