With the LSE Latin America and Caribbean Centre playing a key role in the annual LSE-Stanford-Universidad de los Andes conference on this issue, we are particularly interested in interdisciplinary research that probes the institutional, political, and economic drivers of long-run development in Latin America and beyond.
Rising trends in GDP per capita are often interpreted as reflecting rising levels of general wellbeing. But GDP per capita is at best a crude proxy for wellbeing, neglecting important qualitative dimensions. This column explores the long-term trends in global wellbeing inequality using a new dataset. Inequality indices reflecting various aspects of wellbeing are shown to have been declining since […]
The generation and diffusion of scientific knowledge and technology are assumed to be drivers of modern economic growth, but there is a lack of firm empirical evidence of this. Drawing on their contribution to the 2nd Annual LSE-Stanford-Universidad de los Andes Conference on Long-Run Development in Latin America (16-17 May, 2018), William F. Maloney (World Bank) and Felipe Valencia Caicedo (Bonn University) discuss how they use the first […]
Development for sale: 18th century Spanish colonial administrators and long-run subnational disparities in Peru
Contemporary regional disparities in Peru are related to differences in governance patterns during colonial times, with those provinces that were highly desirable to 18th century Spanish governors suffering greater conflict, ethnic segregation, and economic underdevelopment, writes Jenny Guardado.
Climatic differences can create path dependencies even within countries, with local institutions perpetuating inequalities and hurting economic development in the process, writes Evan Wigton-Jones.
Slavery’s damaging impact on local institutions and public goods has shaped Brazil’s long-run development
The differential impact of slavery across Brazil was largely determined by its influence on the settlement of foreign migrants, who – unlike slaves – had a political voice and could “vote with their feet”, writes Andrea Papadia.
What can the political economy of Latin America’s regions tell us about development in the very long term?
The first LSE-Stanford Conference on Long Range Development in Latin America, a new annual series of high-level conferences co-hosted by LSE, Stanford, and the Universidad de los Andes (Colombia), took place at Stanford on 11-12 May, 2017, with the participation of numerous LSE researchers and the support of the LSE Latin America and Caribbean Centre. Here co-organiser Jean-Paul Faguet reveals that political economy research on […]