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ECONOMICS AND SOCIETY IN CONTEMPORARY LATIN AMERICA: ARTICLESLANGE, MAHONEY AND VOM HAU (2006): “COLONIALISM AND DEVELOPMENT: A COMPARATIVE ANALYSIS OF SPANISH AND BRITISH COLONIES”, AMERICAN JOURNAL OF SOCIOLOGY, VOL 111 (5). Introduction European colonialism caused a great reversal in levels of development throughout much of the non-European world. To this point, researchers have accounted for the reversal in terms of the conditions within the colonized areas (factor endowments leadi...