Short Form
Published Latin America Value Drain
Imperialism is the systematic transfer of value from the Global South to the Global North. A new study by Morena Hanbury Lemos and Jason Hickel quantifies the extent of value drain from Latin America to the Global North. Between 1995 and 2020, Latin America exported on average 2.2x more materials, 4.5x more land, and 5.3x more labour to the North than it imported.
1 / 6
Imperialism is the systematic transfer of value from the Global South to the Global North. A new study by Morena Hanbury Lemos and Jason Hickel quantifies the extent of value drain from Latin America to the Global North. Between 1995 and 2020, Latin America exported on average 2.2x more materials, 4.5x more land, and 5.3x more labour to the North than it imported.