American divergence : lost decades and Emancipation collapse in Latin American and the Caribbean 1820-1870

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dc.contributor.author Federico, Giovanni
dc.contributor.author Tena Junguito, Antonio
dc.contributor.editor Universidad Carlos III de Madrid. Instituto Figuerola de Historia y Ciencias Sociales
dc.date.accessioned 2017-10-06T15:41:00Z
dc.date.available 2017-10-06T15:41:00Z
dc.date.issued 2017-10-01
dc.identifier.issn 2341-2542
dc.identifier.uri http://hdl.handle.net/10016/25443
dc.description.abstract The period 1820-1870, commonly referred to as the 'lost decades', is widely regarded as the key moment in the opening of the gap between Latin America and the Unites States. We test this statement with a new export series and some tentative estimates of GDP trends. The overall performance of Latin American countries was quite good, although not outstanding. Mexico was hit by a foreign policy crisis, but the only real losers were the British and French colonies in the Caribbean. The emancipation of slaves caused a collapse in their exports, favoring other tropical countries, including Cuba and Brazil. Further South, independent countries such as Argentine and Chile increased their share of world trade. Overall, most of the divergence during the period 1820-1870 in the Americas was between tropical countries rather than between Latin America and North America.
dc.description.sponsorship Funded by European Research Council Advanced Research. Grant Number: n.230484, years 2009–13 and the Spanish Ministry of Science and Innovation. Grant Number: ECO2011-25713 and ECO2014-58784-P.
dc.format.mimetype application/pdf
dc.language.iso eng
dc.relation.ispartofseries Working Papers in Economic History
dc.relation.ispartofseries 17-07
dc.rights Atribución-NoComercial-SinDerivadas 3.0 España
dc.rights.uri http://creativecommons.org/licenses/by-nc-nd/3.0/es/
dc.subject.other International Trade
dc.subject.other Latin America and the Caribbean
dc.subject.other Early Nineteenth century
dc.subject.other Independence and Emancipation
dc.title American divergence : lost decades and Emancipation collapse in Latin American and the Caribbean 1820-1870
dc.type workingPaper
dc.subject.jel F14
dc.subject.jel N10
dc.rights.accessRights openAccess
dc.relation.projectID Gobierno de España. ECO2011-25713
dc.relation.projectID ECO2014-58784-P
dc.type.version draft
dc.identifier.uxxi DT/0000001586
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