This book emphasizes that the Spanish empire remained the third most important European state in terms of fiscal income and naval power, and first in size of territorial empire, particularly because of its colonies in Spanish America. The Spanish crown was involved in four wars with Great Britain and two wars with France during the decades 1760-1810. Colonial Mexico financed most of these wars by remitting silver in the form of taxes and loans. The expenditures of the imperial wars were so great that they eventually caused the bankruptcy of both the Spanish American colonies and of the monarchy itself.

Bankruptcy of Empire: Mexican Silver and the Wars Between Spain, Britain and France, 1760–1810 (Cambridge Latin American Studies, Series Number 91)

Business & Money

Marichal, Carlos

Economics

Cambridge University Press

<p>This book emphasizes that the Spanish empire remained the third most important European state in terms of fiscal income and naval power, and first in size of territorial empire, particularly because of its colonies in Spanish America. The Spanish crown was involved in four wars with Great Britain and two wars with France during the decades 1760-1810. Colonial Mexico financed most of these wars by remitting silver in the form of taxes and loans. The expenditures of the imperial wars were so great that they eventually caused the bankruptcy of both the Spanish American colonies and of the monarchy itself.</p>

A Century of Debt Crises in Latin America: From Independence to the Great Depression, 1820-1930

Carlos Marichal contends that the boom-and-bust cycles of Latin American foreign loans result mainly from the fluctuations of the world economy, rather than from errors made in Latin America itself. Marichal shows that the present debt crisis is only a part of an overall pattern in Latin American history--cycles of loan boom and subsequent debt crisis that are heavily influenced by fluctuations of international trade and capital flows. He also reveals the significant role played by those who implement debt policies. Examining the strategies of both lenders and borrowers, he makes it clear that foreign loan negotiations are not only financial tools but also political instruments with broad economic and social consequences.The book analyzes in detail the four major debt crises that took place in Latin America during the nineteenth and early twentieth centuries. Marichal's focus is comparative, since the contracting of foreign loans and their repayment were problems common to virtually all nations of the region. He devotes special attention to explaining the links of these debt crises to the international financial panics of 1825, 1873, 1890, and 1929. The epilogue compares the debt crises of the past with the contemporary Latin American debt crisis.

Princeton University Press

Carlos Marichal contends that the boom-and-bust cycles of Latin American foreign loans result mainly from the fluctuations of the world economy, rather than from errors made in Latin America itself. Marichal shows that the present debt crisis is only a part of an overall pattern in Latin American history--cycles of loan boom and subsequent debt crisis that are heavily influenced by fluctuations of international trade and capital flows. He also reveals the significant role played by those who implement debt policies. Examining the strategies of both lenders and borrowers, he makes it clear that foreign loan negotiations are not only financial tools but also political instruments with broad economic and social consequences.   The book analyzes in detail the four major debt crises that took place in Latin America during the nineteenth and early twentieth centuries. Marichal's focus is comparative, since the contracting of foreign loans and their repayment were problems common to virtually all nations of the region. He devotes special attention to explaining the links of these debt crises to the international financial panics of 1825, 1873, 1890, and 1929. The epilogue compares the debt crises of the past with the contemporary Latin American debt crisis.

Nueva historia de las grandes crisis financieras / New History of the Biggest Financial Crisis (Spanish Edition)

Debate Editorial

Entre el quince de septiembre y finales de octubre de 2008, las bolsas y los sistemas bancarios e hipotecarios de los Estados Unidos y del resto del mundo sufrieron el efecto de un verdadero tsunami financiero al que siguió una cadena de pánicos bancarios y bursátiles que se extendió a escala mundial y ha sido señalada como

Nueva historia de las grandes crisis financieras: Una perspectiva global 1873-2008 (Spanish Edition)

Debate

En México el tránsito del antiguo régimen colonial a la sociedad postindependiente estuvo marcado por fuertes rupturas pero también por importantes continuidades. Especialmente compleja fue la transformación de las estructuras fiscales y de los numerosos impuestos que habían sido el sostén financiero del gobierno virreinal de la Nueva España durante tres siglos. Las reformas introducidas con la independencia mexicana modificaron de manera fundamental a la vieja maquinaria y normativa fiscal, pero también retuvieron algunas contribuciones ya seculares. Los textos aquí reunidos se articulan en torno a una misma problemática: la transición del sistema fiscal colonial impuesto desde la metrópoli a la redefinición y recreación de uno propio, en constante negociación junto a los proyectos en pugna por construir una nación independiente.

De colonia a nación (Estudios Historicos) (Spanish Edition)

El Colegio de México.

<p>Exploraci n de las causas de la crisis de las finanzas del virreinato de la Nueva Espa a, "la joya m s rica" de la corona espa ola en los tres decenios que precedieron a su independencia. Ello obliga a analizar el lugar que ocupaba este virreinato dentro de lo que era todav a el gran Estado imperial espa ol y la forma en que las guerras internacionales de la poca y la consiguiente quiebra de la metr poli llevaron a la bancarrota del gobierno del M xico colonial.</p>

La bancarrota del virreinato. Nueva España y las finanzas del Imperio español, 1780 -1810 (Fideicomiso Historia De Las Americas) (Spanish Edition)

FONDO DE CULTURA ECONOMICA*

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Books by Marichal, Carlos

See the best price to sell, buy, or rent books by Marichal, Carlos. BookScouter helps to compare book prices from 25+ online bookstores and 30+ buyback vendors with a single search.

Bankruptcy of Empire: Mexican Silver and the Wars Between Spain, Britain and France, 1760–1810 (Cambridge Latin American Studies, Series Number 91)

Bankruptcy of Empire: Mexican Silver and the Wars Between Spain, Britain and France, 1760–1810 (Cambridge Latin American Studies, Series Number 91)

A Century of Debt Crises in Latin America: From Independence to the Great Depression, 1820-1930

A Century of Debt Crises in Latin America: From Independence to the Great Depression, 1820-1930

Nueva historia de las grandes crisis financieras / New History of the Biggest Financial Crisis (Spanish Edition)

Nueva historia de las grandes crisis financieras: Una perspectiva global 1873-2008 (Spanish Edition)

De colonia a nación (Estudios Historicos) (Spanish Edition)

La bancarrota del virreinato. Nueva España y las finanzas del Imperio español, 1780 -1810 (Fideicomiso Historia De Las Americas) (Spanish Edition)