Description

Book Synopsis

In the Americas, the Rio Grande has become not just a physical border, but an economic and social one as well. How can we explain the existence of two Americas--one prosperous, one poor--physically so close together, yet economically so far apart?

The Roots of Poverty is an in-depth analysis of how cultural, religious and social institutions have shaped the economic destinies of North America and Latin America over the last five hundred years. The British, who instituted constitutional limitations for the monarchy and protection of individual rights, wooed their colonists with promises of the same. The Iberian Peninsula, on the other hand, transplanted to its American colonies the traditions of insecure property rights, unpredictable taxation and governmental economic dominance. Even as independent nations, the countries of Latin America have found it difficult to move beyond the mindset established in their colonial days. Given this obstacle, what is the region''

The Roots of Poverty in Latin America

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A Paperback by Guillermo M. Yeatts, Maria Gabriela Mrad

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    View other formats and editions of The Roots of Poverty in Latin America by Guillermo M. Yeatts

    Publisher: McFarland & Co Inc
    Publication Date: 9/1/2005 12:00:00 AM
    ISBN13: 9780786422357, 978-0786422357
    ISBN10: 0786422351
    Also in:
    Poverty and precarity

    Description

    Book Synopsis

    In the Americas, the Rio Grande has become not just a physical border, but an economic and social one as well. How can we explain the existence of two Americas--one prosperous, one poor--physically so close together, yet economically so far apart?

    The Roots of Poverty is an in-depth analysis of how cultural, religious and social institutions have shaped the economic destinies of North America and Latin America over the last five hundred years. The British, who instituted constitutional limitations for the monarchy and protection of individual rights, wooed their colonists with promises of the same. The Iberian Peninsula, on the other hand, transplanted to its American colonies the traditions of insecure property rights, unpredictable taxation and governmental economic dominance. Even as independent nations, the countries of Latin America have found it difficult to move beyond the mindset established in their colonial days. Given this obstacle, what is the region''

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