Inequality in the New World. Discussing the Institutionalist Approach

Seminar paper from the year 2017 in the subject Economics - Other, grade: 1,3, University of Bonn, language: English, abstract: Current differences in development between North and Latin American countries led to different academic approaches explaining this phenomenon. One thesis is the institutionalist approach with two popular theories brought up by Daron Acemoglu and Engermann and Sokoloff dif...