Lost decades?: independence and latin America’s falling behind, 1820-1870

Leandro Prados de la Escosura ()

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

Abstract: This paper explores the connections between independence and Latin America’s relative decline during the half a century after independence. The release of the fiscal burden was partly offset by higher costs of self-government, while opening up to the international economy represented a handmaiden of growth. Colonial emancipation had a different impact across regions and widened regional disparities. Per capita income grew and though Latin America fell behind to the U.S. and Western Europe, improved or kept its relative position to the rest of the world. ‘Lost decades’ seems an unwarranted depiction of the period 1820-1870.

Keywords: Latin; America; Independence; Growth; Falling; behind; Lost; decades (search for similar items in EconPapers)
JEL-codes: F54 N16 N46 N76 (search for similar items in EconPapers)
Date: 2007-11
New Economics Papers: this item is included in nep-his
References: Add references at CitEc
Citations: View citations in EconPapers (3)

Downloads: (external link)
https://e-archivo.uc3m.es/rest/api/core/bitstreams ... 981dabb0859b/content (application/pdf)

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:cte:whrepe:wp07-18

Access Statistics for this paper

More papers in IFCS - Working Papers in Economic History.WH from Universidad Carlos III de Madrid. Instituto Figuerola
Bibliographic data for series maintained by Ana Poveda ().