Lost decades? : independence and latin America’s falling behind, 1820-1870
AbstractThis paper explores the connections between independence and Latin America’s relative decline during the half a century after independence. The release of the fiscal burden was partly offset by higher costs of self-government, while opening up to the international economy represented a handmaiden of growth. Colonial emancipation had a different impact across regions and widened regional disparities. Per capita income grew and though Latin America fell behind to the U.S. and Western Europe, improved or kept its relative position to the rest of the world. ‘Lost decades’ seems an unwarranted depiction of the period 1820-1870.
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Bibliographic InfoPaper provided by Universidad Carlos III de Madrid in its series Open Access publications from Universidad Carlos III de Madrid with number info:hdl:10016/1132.
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Latin America; Independence; Growth; Falling behind; Lost decades;
Other versions of this item:
- Leandro Prados de la Escosura, 2007. "Lost decades? Independence and latin America’s falling behind, 1820-1870," Working Papers in Economic History wp07-18, Universidad Carlos III, Departamento de Historia Económica e Instituciones.
- F54 - International Economics - - International Relations and International Political Economy - - - Colonialism; Imperialism; Postcolonialism
- N16 - Economic History - - Macroeconomics and Monetary Economics; Industrial Structure; Growth; Fluctuations - - - Latin America; Caribbean
- N46 - Economic History - - Government, War, Law, International Relations, and Regulation - - - Latin America; Caribbean
- N76 - Economic History - - Economic History: Transport, International and Domestic Trade, Energy, and Other Services - - - Latin America; Caribbean
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- Bértola, Luis & Castelnovo, Cecilia & Rodríguez, Javier & Willebald, Henry, .
"Income distribution in the Latin American Southern Cone during the first globalization boom, ca: 1870-1920,"
Open Access publications from Universidad Carlos III de Madrid
info:hdl:10016/2500, Universidad Carlos III de Madrid.
- Luis Bertola & Cecilia Castelnovo & Javier Rodriguez & Henry Willebald, 2008. "Income distribution in the Latin American Southern Cone during the first globalization boom, ca: 1870-1920," Working Papers in Economic History wp08-05, Universidad Carlos III, Departamento de Historia Económica e Instituciones.
- Dobado González, Rafael / R & García Montero, Héctor / H, 2010.
"Colonial Origins of Inequality in Hispanic America? Some reflections based on new empirical evidence,"
28738, University Library of Munich, Germany.
- Dobado González, Rafael & García Montero, Héctor, 2010. "Colonial Origins of Inequality in Hispanic America? Some Reflections Based on New Empirical Evidence," Revista de Historia Económica, Cambridge University Press, vol. 28(02), pages 253-277, September.
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