Patterns of Iberian economic growth in the early modern period

Nuno Palma and Carlos Santiago Caballero
Authors registered in the RePEc Author Service: Carlos Santiago-Caballero

IFCS - Working Papers in Economic History.WH from Universidad Carlos III de Madrid. Instituto Figuerola

Abstract: In the sixteenth century Spain and Portugal were among the most affluent nations in the world, and had income levels which were similar to those of other Western European countries. Three hundred years later the Iberian economies had lost their economic supremacy and fell behind all the main European powers. When did the first two global empires in history lose their hegemony to become secondary actors? What were the foundations of the collapse that explains the divergence from northwestern Europe? In this chapter we address these issues and describe what we now know about the long-term trends of Iberian economies between 1500 and 1800.

Keywords: Early; modern; comparative; growth; Regional; dynamics; Agriculture; Trade; Industry (search for similar items in EconPapers)
Date: 2019-11-18
New Economics Papers: this item is included in nep-gro and nep-his
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Persistent link: https://EconPapers.repec.org/RePEc:cte:whrepe:29185

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