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In 1800, the per capita income of the United States was twice that of Mexico and roughly the same as Brazil's. By 1913, it was four times greater than Mexico's and seven times greater than Brazil's. This volume seeks to explain the nineteenth-century lag in Latin American economic development. Breaking with the longstanding dependency tradition in Latin American historiography, the contributors argue that the slowdown had far more to do with internal political and legal structures than foreign influences. Topics covered include the performance of Mexico and Brazil, the impact of independence, capital markets, regional growth, the impact of railroads, and the economic effects of 'culture'. The editor's introductory essay surveys the history of economic growth theories and Latin American economic historiography. -- Publisher's description.
If social science's "cultural turn" has taught us anything, it is that knowledge is constrained by the time and place in which it is produced. In response, scholars have begun to reassess social theory from the standpoints of groups and places outside of the European context upon which most grand theory is based. Here a distinguished group of scholars reevaluates widely accepted theories of state, property, race, and economics against Latin American experiences with a two-fold purpose. They seek to deepen our understanding of Latin America and the problems it faces. And, by testing social science paradigms against a broader variety of cases, they pursue a better and truly generalizable map o...