The Spanish 1898 Disaster: The Drift towards Natonal-Protectionism
AbstractAn econometric analysis of Spanish aggregate and sectoral data reveals that the loss of the last colonial possessions in 1898 was not, in fact an economic disaster of the catastrophic proportions sorne traditional historians had held. Both at the aggregate level and in the sectors most directly involved in the colonial trade, the events of 1898 were not a specially relevant watershed. However, the nationalistic sentiment, and the climate of public opinion created by the defeat in the 1898 Spanish-American War induced a favorable institutional framework for the adoption of autarkic measures, especially high tariffs. This produced in subsequent years a progressive separation of the Spanish economy from international markets. This indirect and institutional effect, rather than the direct loss from the war itself, was the real economic disaster of 1898.
Download InfoIf you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
Bibliographic InfoArticle provided by Cambridge University Press in its journal Revista de Historia Económica.
Volume (Year): 16 (1998)
Issue (Month): 01 (March)
Contact details of provider:
Postal: The Edinburgh Building, Shaftesbury Road, Cambridge CB2 2RU UK
Fax: +44 (0)1223 325150
Web page: http://journals.cambridge.org/jid_RHEProvider-Email:email@example.com
Other versions of this item:
- Pedro Balbín & Álvaro Escribano Saéz, 1998. "The Spanish 1898 disaster: the drift towards national-protectionism," Working Papers in Economic History wh980301, Universidad Carlos III, Departamento de Historia Económica e Instituciones.
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Prados de la Escosura, Leandro, . "Spain´s gross domestic product, 1850-1993: Qoantitative conjectures.. Appendix," Open Access publications from Universidad Carlos III de Madrid info:hdl:10016/3898, Universidad Carlos III de Madrid.
- Antonio Tena Junguito, 2006.
"Tariff History Lessons from the European Periphery. Protection Intensity and the Infant Industry Argument in Spain and Italy 1870-1930,"
Working Papers in Economic History
wp06-08, Universidad Carlos III, Departamento de Historia Económica e Instituciones.
- Antonio Tena Junguito, 2010. "Tariff History Lessons from the European Periphery. Protection Intensity and the Infant Industry Argument in Spain and Italy 1870-1930," Historical Social Research (Section 'Cliometrics'), Association Française de Cliométrie (AFC), vol. 35(1), pages 340-363.
- Tena Junguito, Antonio, . "Tariff history lessons from the European periphery. protection intensity and the infant industry argument in Spain and Italy 1870-1930.," Open Access publications from Universidad Carlos III de Madrid info:hdl:10016/440, Universidad Carlos III de Madrid.
- de la Escosura, Leandro Prados, 2007.
"Growth and structural change in Spain, 1850–2000: a european perspective,"
Revista de Historia Económica,
Cambridge University Press, vol. 25(01), pages 147-181, January.
- Prados de la Escosura, Leandro, 2007. "Growth and Structural Change in Spain, 1850-2000: A European Perspective," Open Access publications from Universidad Carlos III de Madrid info:hdl:10016/14972, Universidad Carlos III de Madrid.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Keith Waters).
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If references are entirely missing, you can add them using this form.
If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.
Please note that corrections may take a couple of weeks to filter through the various RePEc services.