IDEAS home Printed from https://ideas.repec.org/a/pcp/pucrev/y2011i67p9-39.html
   My bibliography  Save this article

Guano, compromisos creíbles y el pago de la deuda externa peruana del siglo XIX

Author

Listed:
  • Catalina Vizcarra

    (Universidad de Vermont)

Abstract

La experiencia del Perú con la deuda externa durante el boom de la era del guano es una de las más notables en el siglo XIX. A pesar de la continua inestabilidad política y de la pobre reputación en los mercados financieros, el precio de los bonos peruanos se incrementó después de 1849 y el país disfrutó de riesgo de crédito relativamente bajo hasta 1870. Este artículo analiza los incentivos que Perú y sus acreedores enfrentaron y explica cómo el rendimiento extraordinario de Perú se fundó en su compromiso creíble de honrar su deuda con los ingresos del guano.

Suggested Citation

  • Catalina Vizcarra, 2011. "Guano, compromisos creíbles y el pago de la deuda externa peruana del siglo XIX," Revista Economía, Fondo Editorial - Pontificia Universidad Católica del Perú, vol. 34(67), pages 9-39.
  • Handle: RePEc:pcp:pucrev:y:2011:i:67:p:9-39
    as

    Download full text from publisher

    File URL: http://revistas.pucp.edu.pe/index.php/economia/article/view/2612/2561
    Download Restriction: no
    ---><---

    More about this item

    Keywords

    foreign debt; Perú; nineteenth century; guano;
    All these keywords.

    JEL classification:

    • N56 - Economic History - - Agriculture, Natural Resources, Environment and Extractive Industries - - - Latin America; Caribbean
    • Q33 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Nonrenewable Resources and Conservation - - - Resource Booms (Dutch Disease)

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:pcp:pucrev:y:2011:i:67:p:9-39. See general information about how to correct material in RePEc.

    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.

    We have no bibliographic references for this item. You can help adding them by using 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 RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: the person in charge (email available below). General contact details of provider: https://edirc.repec.org/data/depucpe.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.