History without evidence: Latin American inequality since 1491
AbstractMost 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 that this conclusion is not supported by what little evidence we have. The persistence view is based on an historical literature which has made little or no effort to be comparative. Modern analysts see a more unequal Latin America compared with Asia and the rich post-industrial nations and then assume that this must always have been true. Indeed, some have argued that high inequality appeared very early in the post-conquest Americas, and that this fact supported rent-seeking and anti-growth institutions which help explain the disappointing growth performance we observe there even today. This paper argues to the contrary. Compared with the rest of the world, inequality was not high in pre-conquest 1491, nor was it high in the postconquest decades following 1492. Indeed, it was not even high in the mid-19th century just prior Latin America's belle époque. It only became high thereafter. Historical persistence in Latin American inequality is a myth. --
Download InfoIf you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
Bibliographic InfoPaper provided by University of Goettingen, Department of Economics in its series Center for European, Governance and Economic Development Research Discussion Papers with number 81.
Date of creation: 2009
Date of revision:
Inequality; development; Latin America;
Find related papers by JEL classification:
- N16 - Economic History - - Macroeconomics and Monetary Economics; Industrial Structure; Growth; Fluctuations - - - Latin America; Caribbean
- N36 - Economic History - - Labor and Consumers, Demography, Education, Health, Welfare, Income, Wealth, Religion, and Philanthropy - - - Latin America; Caribbean
- O15 - Economic Development, Technological Change, and Growth - - Economic Development - - - Economic Development: Human Resources; Human Development; Income Distribution; Migration
- D3 - Microeconomics - - Distribution
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Branko Milanovic & Peter H. Lindert & Jeffrey G. Williamson, 2007.
"Measuring Ancient Inequality,"
NBER Working Papers
13550, National Bureau of Economic Research, Inc.
- Milanovic,Branko & Lindert, Peter H. & Williamson, Jeffrey G., 2007. "Measuring ancient inequality," Policy Research Working Paper Series 4412, The World Bank.
- Jeffrey G. Williamson & Branko Milanovic & Peter H. Lindert, 2008. "Measuring Ancient Inequality," Working Papers 08-06, Association Française de Cliométrie (AFC).
- Milanovic, Branko & Lindert, Peter & Williamson, Jeffrey, 2007. "Measuring Ancient Inequality," MPRA Paper 5388, University Library of Munich, Germany.
- Martin Ravallion & Shaohua Chen & Prem Sangraula, 2007.
"New Evidence on the Urbanization of Global Poverty,"
Population and Development Review,
The Population Council, Inc., vol. 33(4), pages 667-701.
- Ravallion, Martin & Chen, Shaohua & Sangraula, Prem, 2007. "New evidence on the urbanization of global poverty," Policy Research Working Paper Series 4199, The World Bank.
- Campante, Filipe & Do, Quoc-Anh, 2007. "Inequality, Redistribution, and Population," Working Paper Series rwp07-046, Harvard University, John F. Kennedy School of Government.
- Roman Studer, 2007.
"India and the Great Divergence: Assessing the Efficiency of Grain Markets in Eighteenth- and Nineteenth-Century India,"
Oxford University Economic and Social History Series
_068, Economics Group, Nuffield College, University of Oxford.
- Studer, Roman, 2008. "India and the Great Divergence: Assessing the Efficiency of Grain Markets in Eighteenth- and Nineteenth-Century India," The Journal of Economic History, Cambridge University Press, vol. 68(02), pages 393-437, June.
- Clingingsmith, David & Williamson, Jeffrey G., 2008. "Deindustrialization in 18th and 19th century India: Mughal decline, climate shocks and British industrial ascent," Explorations in Economic History, Elsevier, vol. 45(3), pages 209-234, July.
- A. J. H. Latham & Larry Neal, 1983. "The International Market in Rice and Wheat, 1868-1914," Economic History Review, Economic History Society, vol. 36(2), pages 260-280, 05.
- Hoffman, Philip T. & Jacks, David S. & Levin, Patricia A. & Lindert, Peter H., 2002. "Real Inequality In Europe Since 1500," The Journal of Economic History, Cambridge University Press, vol. 62(02), pages 322-355, June.
- Kenneth L. Sokoloff & Stanley L. Engerman, 2000. "Institutions, Factor Endowments, and Paths of Development in the New World," Journal of Economic Perspectives, American Economic Association, vol. 14(3), pages 217-232, Summer.
- Luis Bertola & Cecilia Castelnovo & Javier Rodriguez & Henry Willebald, 2008. "Income distribution in the Latin American Southern Cone during the first globalization boom, ca: 1870-1920," Working Papers in Economic History wp08-05, Universidad Carlos III, Departamento de Historia Económica e Instituciones.
- Bates, Robert H. & Coatsworth, John H. & Williamson, Jeffrey G., 2007. "Lost Decades: Postindependence Performance in Latin America and Africa," The Journal of Economic History, Cambridge University Press, vol. 67(04), pages 917-943, December.
RePEc Biblio mentionsAs found on the RePEc Biblio, the curated bibliography for Economics:
- > Economic History > Regional Economic History > Latin American Economic History
- > Economic History > Long-term Inequality and Mobility
- Popov, V., 2012. "Why the West got Rich Before Other Countries and Why China is Catching Up With the West Today? New Answer to the Old Question," Journal of the New Economic Association, New Economic Association, vol. 15(3), pages 35-64.
- Aldo Musacchio & André Carlos Martínez Fritscher & Martina Viarengo, 2010. "Colonial Institutions, Trade Shocks, and the Diffusion of Elementary Education in Brazil, 1889-1930," Harvard Business School Working Papers 10-075, Harvard Business School, revised Dec 2012.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (ZBW - German National Library of Economics).
If references are entirely missing, you can add them using this form.