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Good, bad, and ugly colonial activities : do they matter for economic development? (Inglês)

Levels of development vary widely within countries in the Americas. We argue that part of this variation has its roots in the colonial era, when colonizers engaged in different economic activities in different regions of a country.We present evidence consistent with the view that bad activities (those that depended heavily on labor exploitation) led to lower economic development today than good activities (those that did not rely on labor exploitation)...
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