Article

The New Economic History of Latin America: Evolution and Recent Contributions

John H. Coatsworth and William R. Summerhill

in The Oxford Handbook of Latin American History

Published in print December 2010 | ISBN: 9780195166217
Published online September 2012 | | DOI: http://dx.doi.org/10.1093/oxfordhb/9780195166217.013.0015

Series: Oxford Handbooks in History

 The New Economic History of Latin America: Evolution and Recent Contributions

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This article on economic history explores a scholarly corpus whose robust empiricism stands out from the general antipositivist trends in the historical field and thus contributes a healthy element of disciplinary pluralism. The field originally rested on two pillars, neoclassical economic theory and cliometrics—that is, the use of quantitative methods, models from applied economics, and counterfactuals to test falsifiable hypotheses. But, inspired by the work of scholars such as the Nobel laureate Douglass North, recent practitioners have added a “new institutionalism” that aims to incorporate an increased sensibility towards cultural norms.

Keywords: empiricism; antipositivism; economic theory; cliometrics; institutionalism

Article.  8476 words. 

Subjects: History

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