• 00:00    |    
    Initial credits
  • 00:06    |    
  • 00:14    |    
    Why is there a gap between development of the United States and Canada and development of Latin American countries?
  • 01:23    |    
    Did Latin America fall behind or did United States and Canada work better?
  • 02:56    |    
    Have institutions played a role in these development differences?
    • Colonial policy preparation
    • Negative heritage
    • Evolution in England and Spain
    • Trade restrictions in Spain
    • Differences in governance between England and Spain
  • 07:22    |    
    Final words
  • 07:28    |    
    Final credits

European Colonization of the Americas: Its Impact on the Development of their Countries

New Media  | 13 de julio de 2012  | Vistas: 355

During this interview, Robin Grier talks about the impact and differences on economic development between United States and Canada and Latin American countries in regard to European colonization. Based on her research, she explains that while Latin America fell behind, United States and Canada took advantage of the benefits of such colonization. Grier comments on the influence that institutions had on the unequal development and compares the English and Spanish economies, pointing out the great economic and trade advances that England had in comparison with Spain.


Robin Grier is professor of economics at the University of Oklahoma.…


Nuestra misión es la enseñanza y difusión de los principios éticos, jurídicos y económicos de una sociedad de personas libres y responsables.

Universidad Francisco Marroquín