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Reunión Científica: Iberoamérica y España antes de las independencias: El impacto económico de las reformas ilustradas y de las guerras napoleónicas

International Meeting: Spain and Iberoamerica before Independence: the Impact of the Enlightened Reforms and of the Napoleonic Wars

Madrid, 10 y 11 de mayo de 2012 Madrid, May 10-11, 2012

FUNDACIÓN RAMÓN ARECES

The Mexican economy from the Bourbon period to the Independence wars, 1760- 1810

Luis Jáuregui y Carlos Marichal

In this paper we argue that the economy of Mexico in the second half of the eighteenth century experienced quite rapid growth in most sectors and regions despite the enormous fiscal and financial contributions which the viceroyalty was oblige to make to support other parts of the Spanish empire and of the metropolis itself. We begin with a review of the notable increase of silver production which exercised a major role in international trade and monetary systems, but also generated favorable conditions for economic expansion and for a great increase in tax revenues. The paper also analyzes the principal trends of agriculture, manufacturing and trade as well as evaluating the degree of inflation that can be judged to have affected the Mexican economy at the end of the period under review.

*Todos los derechos de propiedad intelectual son del autor. Queda prohibida la reproducción total o parcial de la obra sin autorización expresa del autor.

*All intellectual property rights belong to the author. Total or partial reproduction of the work without express permission of the author is forbidden.