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Razones políticas de las decisiones de política monetaria: La adopción del patrón oro por Portugal (1846-1854)

Author

Listed:
  • Rita Martins de Sousa

    (Universidade de Lisboa, ISEG/Lisbon School of Economics and Management, ISEG Research)

Abstract

Si la época dorada del régimen bimetálico duró hasta principios de la década de 1870, el objetivo de este artículo es comprender por qué Portugal cambió su régimen monetario antes que ningún otro país europeo. Destaca que la transición al patrón oro en Portugal puede explicarse analizando dos etapas preparatorias, una en 1847 y otra en 1851. En 1847, los cambios en la relación bimetálica provocaron una caída del precio de la plata. En 1851, se tomó la decisión de mantener en circulación las monedas de oro británicas en respuesta a la presión de los grupos que habían negociado con estas monedas y en respuesta a la creación de un comité para analizar la llamada «situación monetaria». El entonces ministro de Hacienda, António José d'Ávila, no era partidario de mantener la moneda británica en circulación, pero la presión política le obligó a ello. KEY Classification-JEL: N13; N20; E42

Suggested Citation

  • Rita Martins de Sousa, 2025. "Razones políticas de las decisiones de política monetaria: La adopción del patrón oro por Portugal (1846-1854)," Investigaciones de Historia Económica - Economic History Research (IHE-EHR), Journal of the Spanish Economic History Association, Asociación Española de Historia Económica, vol. 21(02), pages 01-23.
    • Handle: RePEc:ahe:invest:v:21:y:2025:i:02:p:1-23
    DOI: https://doi.org/10.33231/j.ihe.2025.02.01
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    JEL classification:

    • N13 - Economic History - - Macroeconomics and Monetary Economics; Industrial Structure; Growth; Fluctuations - - - Europe: Pre-1913
    • N20 - Economic History - - Financial Markets and Institutions - - - General, International, or Comparative
    • E42 - Macroeconomics and Monetary Economics - - Money and Interest Rates - - - Monetary Sytsems; Standards; Regimes; Government and the Monetary System

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