Titlebook: Roots of Underdevelopment; A New Economic and P Felipe Valencia Caicedo Book 2023 The Editor(s) (if applicable) and The Author(s), under ex

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Latin American Economic History in the Light of the Recent Economic Cycles,ly, this historical pattern seems to persist. At the productive level, the bulk of the Latin American countries have not been able to leave their natural-resource-based production patterns completely behind and continue to depend on a pattern of trade specialization with limited access to more techn

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,The Making of?Mexico: The Political Economy of?Conquest and?Independence,nance structures throughout its first three hundred years. I focus on its two main junctures: its origins after the Spanish conquest of Mesoamerica in the 1518–1535 period, which required a careful but steady incorporation of indigenous communities into a Spanish state; and the global conflicts that

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,The Legacy of?Concertaje in?Ecuador,egime to estimate the long-run effects of a forced labor institution named .. This institution, which lasted for more than 300 years, allowed landlords to retain indigenous workers due to unpaid debts and forced them to work in rural estates known as .. To identify its causal effects, I exploit vari

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The Age of Mass Migration in Argentina: Social Mobility, Effects on Growth, and Selection Patterns,t summarize recent findings characterizing migrants’ long-term economic assimilation and their contributions to local economic development. The reviewed evidence shows that Europeans experienced rapid upward mobility in Argentina and immigration contributed positively to the process of economic deve

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,European Immigration and Agricultural Productivity in Sao Paulo, Brazil, 1898–1920,tracted families of farmers from Europe, how it managed them upon arrival, and how the Department of Labor then assigned these workers, in quasi-random fashion, as short-term labor to farms throughout the state. The chapter argues that this quasi-random allocation coupled with the randomness in the

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,Modernizing Elites in?Latin America: Social-Network Evidence from?the?Emergence of?Banking in?Antioshows that the network position of an individual determined her likelihood to be a banker and the performance of her banking portfolio. Local connectivity was useful for having access to investment opportunities in the banking business, but it did not represent an advantage for their success. The so

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