Inequality in the New World. Discussing the Institutionalist Approach

The paper explores the economic disparities between North and Latin American countries through the lens of the institutionalist approach. It highlights the contrasting theories of Daron Acemoglu and Engermann and Sokoloff regarding the role of institutions in development. The analysis includes a review of empirical research that supports these theories, emphasizing the complexities in understanding the factors contributing to the differing economic trajectories of these regions.