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The Spanish 1898 disaster: the drift towards national-protectionism

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dc.affiliation.institutoUC3M. Instituto Figuerola de Historia y Ciencias Socialeses
dc.contributor.authorFraile Balbín, Pedro
dc.contributor.authorEscribano, Álvaro
dc.contributor.editorUniversidad Carlos III de Madrid. Departamento de Historia Económica e Instituciones
dc.date.accessioned2009-05-05T12:55:11Z
dc.date.available2009-05-05T12:55:11Z
dc.date.issued1998-01
dc.description.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.
dc.format.mimetypeapplication/pdf
dc.identifier.repecwh980301
dc.identifier.urihttps://hdl.handle.net/10016/4126
dc.language.isoeng
dc.relation.ispartofseriesWorking Papers in Economic History
dc.relation.ispartofseries1998-01
dc.rightsAtribución-NoComercial-SinDerivadas 3.0 España
dc.rights.accessRightsopen access
dc.rights.urihttp://creativecommons.org/licenses/by-nc-nd/3.0/es/
dc.subject.ecienciaEconomía
dc.subject.ecienciaHistoria
dc.subject.otherColonial trade
dc.subject.otherColonialism
dc.subject.otherEconomic nationalism
dc.subject.otherAutarky
dc.subject.otherTariffs
dc.subject.otherLobbies
dc.titleThe Spanish 1898 disaster: the drift towards national-protectionism
dc.typeworking paper*
dspace.entity.typePublication
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