The Agro–Export Economy in the 1970s
Wim Pelupessy
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Wim Pelupessy: Tilburg University
Chapter 4 in The Limits of Economic Reform in El Salvador, 1997, pp 56-84 from Palgrave Macmillan
Abstract:
Abstract Ever since the Spanish colonized El Salvador, its economy has been closely tied to the world agricultural commodity markets. The cultivation of crops such as cocoa and indigo at first and coffee later, as well as extensive livestock farming, required increasing amounts of agricultural land, forcing peasants growing food crops onto ever smaller plots. As we have seen in Chapter 3, the rise of coffee led to the concentration of a large proportion of the country's fertile agricultural land in the hands of a small group of landowners who were proponents of private land ownership and free foreign trade. From the middle of the nineteenth century, these large producers used the Salvadoran state to ensure increasing economic control for themselves over coffee and other productive activities.
Keywords: Sugar Cane; Gross Domestic Product; Foreign Capital; Coffee Berry; Export Price (search for similar items in EconPapers)
Date: 1997
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-0-230-37688-5_4
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DOI: 10.1057/9780230376885_4
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