Explaining the Development Gap Between Latin America and the United States

The development gap between Latin America and the United States is a well-documented phenomenon. Despite sharing a border and a history of interaction, the two regions have diverged significantly in terms of economic development, poverty, inequality, and other social indicators.

There are a number of factors that have contributed to this development gap. Some of these factors are historical, while others are more recent.

Falling Behind: Explaining the Development Gap Between Latin America and the United States

by Francis Fukuyama

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Historical Factors

One of the most important historical factors that contributed to the development gap between Latin America and the United States is the legacy of colonialism. Latin America was colonized by European powers for centuries, and this colonization had a devastating impact on the region's development.

The European powers imposed their own economic and political systems on Latin America, and these systems were not designed to promote the development of the region. The Europeans also extracted大量的财富from Latin America, which further impoverished the region.

After independence, Latin America was plagued by a series of political and economic crises. These crises made it difficult for the region to develop its economy and improve the lives of its people.

Recent Factors

In addition to historical factors, there are a number of recent factors that have contributed to the development gap between Latin America and the United States.

• Economic policies: Latin American countries have often pursued economic policies that have not been conducive to growth. These policies have included high levels of government spending, inflation, and trade protectionism.
• Political instability: Latin America has been plagued by political instability for much of its history. This instability has made it difficult for the region to develop its economy and improve the lives of its people.
• Corruption: Corruption is a major problem in Latin America. This problem has made it difficult for the region to develop its economy and improve the lives of its people.
• Lack of education: Latin America has a high rate of illiteracy and a lack of access to quality education. This has made it difficult for the region to develop its economy and improve the lives of its people.
• Lack of health care: Latin America has a high rate of infant mortality and a lack of access to quality health care. This has made it difficult for the region to develop its economy and improve the lives of its people.

The development gap between Latin America and the United States is a complex issue with a long history. There are a number of factors that have contributed to this gap, including historical factors, recent factors, and a lack of access to quality education and health care.

In order to close the development gap, Latin American countries need to address these factors. They need to pursue economic policies that are conducive to growth, reduce political instability, and crack down on corruption. They also need to invest in education and health care.

By addressing these challenges, Latin America can begin to close the development gap and improve the lives of its people.

Falling Behind: Explaining the Development Gap Between Latin America and the United States

by Francis Fukuyama

4.7 out of 5

Language	:	English
File size	:	3677 KB
Text-to-Speech	:	Enabled
Enhanced typesetting	:	Enabled
Word Wise	:	Enabled
Print length	:	326 pages
Lending	:	Enabled
Screen Reader	:	Supported

FREE