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54 Action”. American Sociological Review , 1 (6), 894. https://doi.org/10.2307/2084615. Sokoloff, J. & Engerman, S. (2000). History Lessons. Institutions, Factor Endowments andPaths of Development in the New World. Journal of Economic Perspectives , 14 (3), 217-232. Solimano, A. (2012). Chile and the Neoliberal Trap: The Post-Pinochet Era . Cambridge & New York: Cambridge University Press. ——— (2016a). Dimensions of Inequality in Latin America: Income, Wealth and Social Structure. Journal of World Economy . Spain. ——— (2016b). Global Capitalism in Disarray: Inequality, Debt, and Austerity . Oxford and New York: Oxford University Press. ——— (2017). Pensiones a la chilena . Santiago, Chile: Catalonia. ——— (2020). A History of Big Recessions in the Long Twentieth Century . Cambridge University Press. ——— (2021a). Desigualdad Persistente en América Latina: Perspectiva histórica y experiencias contemporáneas. Pensamiento Iberoamericano (Vol. 3 a Época). Madrid, España. ——— (2021b). The Rise and Fall of the Privatized Pension System in Chile. AnInternational Perspective . London and New York: Anthem Press. ——— (2022). Economic and Political Democracy in Complex Times. History, Analysis and Policy . London & New York: Routledge. Stockholm International Peace Research Institute. (2022). SIPRI Yearbook 2022. Oxford University Press. Solimano, A. (2023) Una Historia de Grandes Recesiones y Crisis en el Capitalismo: 1914-2019 ; LOM Editores, Santiago. Solimano, A. and G. Zapata-Roman (2024) Chilean Economic Development Under Neoliberalism . Cambridge University Press/UNU-WIDER Elements in Development Series. Some recommended readings Acemoglu, D. and J. Robinson (2008). “Persistence of Power, Elites and Institutions”. American Economic Review, 98:1, 267-293. Busso, M. and J. Messina, Editors, (2020). The Inequality Crisis. Latin America at Crossroads. InterAmerican Development Bank, Washington DC. Birdsall, N., N. Lustig and D. Mcleod (2011). “ Declining Inequality in Latin America: SomeEconomics, Some Politics”. Center for Global Development , Working Paper 251. Credit Suisse (2021). Global Wealth Report 2021, Research Institute . Frankerma (2009). “The Colonial Roots of Land Inequality. Geography, Factor Endowmentsor Institutions?” The Economic History Review 63 (2): 418-51. Gasparini, L., G. Cruces, L. Tornerolli and M. Marchionni (2009). “A Turning Point? RecentDevelopments on Inequality in Latin America and the Caribbean”. Documento de Trabajo 81, CEDLAS: Universidad Nacional