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Colonial independence and economic backwardness in Latin America

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dc.affiliation.institutoUC3M. Instituto Figuerola de Historia y Ciencias Socialeses
dc.contributor.authorPrados de la Escosura, Leandro
dc.date.accessioned2006-11-09T12:24:59Z
dc.date.available2006-11-09T12:24:59Z
dc.date.issued2004-12
dc.description.abstractThis paper explores the connections between independence from Spain and Portugal and economic backwardness in Latin America. The release of the fiscal burden was offset by higher costs of self-government, while opening up to the international economy represented a handmaiden of growth. Independence had a very different impact across regions and widened regional disparities. The commitment to the colonial mercantilism conditioned the new republics' performance but, on the whole, GDP per head increased in the half a century after emancipation. It appears that inherited Iberian institutions cannot be blamed for Latin America's poor performance relative to the US, especially if the scope is widened to include the post-independence performance of former European colonies in Africa and Asia. It is suggested that before jumping to the usual negative assessment of nineteenth century Latin America, a comparison of post-independence performance in other world regions will be required
dc.format.extent379673 bytes
dc.format.mimetypeapplication/pdf
dc.identifier.repecwh046503
dc.identifier.urihttps://hdl.handle.net/10016/412
dc.language.isoeng
dc.language.isoeng
dc.relation.ispartofseriesUC3M Working Papers. Economic History and Institutions
dc.relation.ispartofseries2004-03
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.ecienciaHistoria
dc.subject.ecienciaEconomía
dc.titleColonial independence and economic backwardness in Latin America
dc.typeworking paper*
dspace.entity.typePublication
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