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Volume Two treats the 'long twentieth century' from the onset of modern economic growth to the present. It analyzes the principal dimensions of Latin America's first era of sustained economic growth from the last decades of the nineteenth century to 1930. It explores the era of inward-looking development from the 1930s to the collapse of import-substituting industrialization and the return to strategies of globalization in the 1980s. Finally, it looks at the long term trends in capital flows, agriculture and the environment.
Historiographically this book rests on the fact that European transitions to modern economic growth were obstructed and promoted by the Revolution in France and 15 years of geopolitical conflict sustained by Napoleon in order to establish French Hegemony over the states and economies of Britain, France, Germany, the Netherlands, Italy, Spain, Portugal and overseas commerce. The chapters reveal that their authors concerns to analyse both the nature and significance of connections between geopolitical and economic forces lend coherence to a collaborative endeavour utilising comparative methods to address a mega question. What might be plausibly concluded about the economic costs and the benefits of this protracted conjuncture of Revolutionary and Napoleonic Warfare? Contributors are: Patrick Karl O’Brien, Loïc Charles, Guillaume Daudin, Silvia Marzagalli, Marjolein ’t Hart, Johan Joor, Mark Dincecco, Giovanni Federico, Leandro Prados de la Escosura, Carlos Santiago-Caballero, Cristina Moreira, Jaime Reis, Rita Martins de Sousa, and Peter M.Solar.
Latin America’s economic performance is mediocre at best, despite abundant natural resources and flourishing neighbors to the north. The perplexing question of how some of the wealthiest nations in the world in the nineteenth century are now the most crisis-prone has long puzzled economists and historians. The Decline of Latin American Economies examines the reality behind the struggling economies of Argentina, Chile, and Mexico. A distinguished panel of experts argues here that slow growth, rampant protectionism, and rising inflation plagued Latin America for years, where corrupt institutions and political unrest undermined the financial outlook of already besieged economies. Tracing Latin America’s growth and decline through two centuries, this volume illustrates how a once-prosperous continent now lags behind. Of interest to scholars and policymakers alike, it offers new insight into the relationship between political systems and economic development.
Since the first edition, published in 1985, much new research has been completed. This updated version includes five new essays, including a new introduction by Eichengreen and a discussion of the gold standard and the EU monetary debate.
A transnational survey of the economic development of Europe, exploring why some regions advanced and some stayed behind.
Lucid, accessible, and provocative, and now thoroughly updated to cover recent events that have shaken the global economy, Globalizing Capital is an indispensable account of the past 150 years of international monetary and financial history.
In May 1888 the Brazilian parliament passed, and Princess Isabel (acting for her father, Emperor Pedro II) signed, the lei aurea, or Golden Law, providing for the total abolition of slavery. Brazil thereby became the last “civilized nation” to part with slavery as a legal institution. The freeing of slaves in Brazil, as in other countries, may not have fulfilled all the hopes for improvement it engendered, but the final act of abolition is certainly one of the defining landmarks of Brazilian history. The articles presented here represent a broad scope of scholarly inquiry that covers developments across a wide canvas of Brazilian history and accentuates the importance of formal abolition as a watershed in that nation’s development.
The studies in this exceptional volume explore the challenges and opportunities presented by globalization events prior to 1950, and identify how countries around the Mediterranean responded to them. In addition to comparative assessments of regional performance, the volume offers detailed case studies of Spain, Italy, the Balkans, Turkey, Israel and Egypt.
This is an original survey of the economic and social history of slavery of the Afro-American experience in Latin America and the Caribbean. The focus of the book is on the Portuguese, Spanish, and French-speaking regions of continental America and the Caribbean. It analyzes the latest research on urban and rural slavery and on the African and Afro-American experience under these regimes. It approaches these themes both historically and structurally. The historical section provides a detailed analysis of the evolution of slavery and forced labor systems in Europe, Africa, and America. The second half of the book looks at the type of life and culture which the salves experienced in these Amer...