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Slavery was in many ways the fundamental institution in colonial Cuba, whose economy was based on the export of sugar from the slave-worked plantations. This volume presents a quantitative study of Cuban slavery from the late eighteenth century until 1880, the year slavery was formally abolished on the island. The core of this study is an examination of the yearly movement of slave prices and changes in the demographic characteristics of the slave market. Based on data from the notarial protocol records of the Archivo Nacional de Cuba, this book establishes precise price trends for slaves by age, sex, nationality, and occupation, and considers a number of other variables including the prices of coartados (slaves who had begun the process of buying their freedom) and the patterns of emancipation. Incorporating over 30,000 slave transactions from three separate locations in Cuba - Havana, Santiago, and Cienfuegos - this work comprises the largest extant database on any slave market in the Americas.
This reinterpretation of the history of modern Spain from the Enlightenment to the threshold of the twenty-first century explains the surprising changes that took Spain from a backward and impoverished nation, with decades of stagnation, civil disorder, and military rule, to one of the ten most developed economies in the world. The culmination of twenty years' work by the dean of economic history in Spain, founder of the Revista de Historia Económica and recipient of the Premio Rey Juan Carlos, Spain's highest honor for an academic, the book is rigorously analytical and quantitative, but eminently accessible. It reveals views and approaches little explored until now, showing how the main stages of Spanish political history have been largely determined by economic developments and by a seldom mentioned factor: human capital formation. It is comparative throughout, and concludes by applying the lessons of Spanish history to the plight of today's developing nations.
Although Spain is an important member of the EU, relatively little is known about its economy and its interrelationship with political forces. This book, the first of its kind, offers a long-term view and analyzes this ever-changing relationship throughout the 20th century with its various upheavals such as the crisis of the democratic republic and the civil war in the 1930s, the long General Franco dictatorship from the 1940s until the 1970s and the subsequent transition to democracy. From the detailed studies of individual cases, specific companies as well as entrepreneurial organizations, a very diverse picture emerges, contradicting widespread simplistic interpretations of politico-economic linkages, which demonstrates both the pluralism of the economic interests as well as the complexity of their relationship to the political class.
African slavery was pervasive in Spain’s Atlantic empire yet remained in the margins of the imperial economy until the end of the eighteenth century when the plantation revolution in the Caribbean colonies put the slave traffic and the plantation at the center of colonial exploitation and conflict. The international group of scholars brought together in this volume explain Spain’s role as a colonial pioneer in the Atlantic world and its latecomer status as a slave-trading, plantation-based empire. These contributors map the broad contours and transformations of slave-trafficking, the plantation, and antislavery in the Hispanic Atlantic while also delving into specific topics that include: the institutional and economic foundations of colonial slavery; the law and religion; the influences of the Haitian Revolution and British abolitionism; antislavery and proslavery movements in Spain; race and citizenship; and the business of the illegal slave trade.
Policymakers around the world have increasingly agreed that macroeconomic discipline, microeconomic liberalization, and outward orientation are prerequisites for economic success. But what are the political conditions that make economic transformation possible? At a conference held at the Institute for International Economics, leaders of economic reform recounted their efforts to bring about change and discussed the impact of the political climate on the success of their efforts. In this book, these leaders explore the political conditions conducive to the success of policy reforms. Did economic crisis strengthen the hands of the reformers? Was the rapidity with which reforms were instituted crucial? Did the reformers have a "honeymoon" period in which to transform the economy? The authors answer these and other questions, as well as providing first-hand accounts of the politically charged atmosphere surrounding reform efforts in their countries.
Unexpected Propserity explains how Spain managed to avoid the middle income trap. With an original interpretation of the economic rise of Spain, Calvo-Gonzalez addresses questions about the political economy of reform, the role of industrial and public policy, and the enduring legacy of political violence and conflict.
This paper discusses the central banking, monetary, and banking laws for 17 countries in Europe, an area where many of the techniques that are now universally used in regulating or controlling the supply of money and credit were developed. The complete text of the basic central bank law of each country is given, as well as the by-laws of the central bank where they supplement major provisions of the basic law, and subsidiary legislation where pertinent. General banking laws are in most instances presented in summary form.
"Why do some countries governed by moderate neoliberalism while others by a radical one? Looking at Spain and Romania, the book points to the role of local intellectual traditions, the strength of international alternatives, the resources of the local advocates of neoliberalism and their vulnerability to external coercion"--