Good , Bad , and Ugly Colonial Activities : Do They Matter for Economic Development ?

@inproceedings{Bruhn2006GoodB,
  title={Good , Bad , and Ugly Colonial Activities : Do They Matter for Economic Development ?},
  author={Miriam Bruhn},
  year={2006}
}
Levels of economic development vary widely within countries in the Americas. We argue that part of this variation has its roots in the colonial era. Colonizers engaged in di erent economic activities in di erent regions of a country, depending on local conditions. Some activities, such as mining and sugar cultivation, were "bad" in the sense that they depended heavily on the exploitation of labor and led to a low development path, while "good" activities that did not rely on the exploitation of… CONTINUE READING
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