Latin America

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


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 

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Copyright information

© The Author(s) 2018

Authors and Affiliations

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

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