[LINK] "Latin America's 100 Years of Slow Growth"

[rfmcdpei]

Bloomberg View's Justin Fox writes, with charts, about the slow economic growth over Latin America over the past century. Only Chile shows signs of converging strongly and consistently towards high-income levels.

[E]vident in [Hans] Rosling’s animations is the great breakout to much-higher living standards that the U.S., Canada, Western Europe,

Comments

[robby]

Many of those nations have endemic corruption, with the wealth and power controlled by a small elite. They don't want progress, and fight any change that might upset the status quo.