The Impact of European Industrializationindustrialization European: The Double Failure of Agrarianagrarian strategies and Industrial Strategiesindustrial strategies (1840–1890)

Albert Carreras and Xavier Tafunell ()
Additional contact information
Xavier Tafunell: Pompeu Fabra University

Chapter Chapter 3 in Between Empire and Globalization, 2021, pp 61-92 from Palgrave Macmillan

Abstract: Abstract During most of the nineteenth century, the Spanish economy grew modestly, perhaps too much. Indeed, it diverged from Western Europe. Being already a small nation instead of the great Empire that it was, it adapted to the new circumstances of the international economy, especially the UK abolition of the corn laws, that opened its economy toagricultural and mineral products from all countries in the world. Spain enjoyed agricultural expansion and some growth thanks to economic liberalization and internationalization, new technologies like the railways, and financing facilities through a new banking system. The State completed a tax reform to have the means to support some of these investments. Manufacturing also enjoyed its own industrial revolution. But in the 1880s both the agrarian and the industrial strategies collapsed.

Keywords: European industrialization; Agrarian strategy; Industrial strategy; Economic liberalization; Railways (search for similar items in EconPapers)
Date: 2021
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:pal:palscp:978-3-030-60504-9_3

Ordering information: This item can be ordered from
http://www.palgrave.com/9783030605049

DOI: 10.1007/978-3-030-60504-9_3

Access Statistics for this chapter

More chapters in Palgrave Studies in Economic History from Palgrave Macmillan
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().