Las raíces monetarias de la fragmentación política de la América española en el siglo XIX
After the Napoleonic invasion to Spain in 1808, the Empire's financialand monetary structure collapsed, and most colonies became independent. Regional rivalry over tax revenues, aggravated by military expenses and treasury deficits, led elites in regions with royal mints to carry out all sorts...
| Autor principal: | |
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| Formato: | Online |
| Idioma: | espanhol |
| Editor: |
El Colegio de México, A.C.
2010
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| Assuntos: | |
| Acesso em linha: | https://historiamexicana.colmex.mx/index.php/RHM/article/view/1725 |
| Recursos: |
Historia Mexicana |
| authentication_code | dc |
|---|---|
| _version_ | 1853488652542279680 |
| author | Irigoin, Alejandra |
| author_facet | Irigoin, Alejandra |
| author_sort | Irigoin, Alejandra |
| category_str_mv |
"Bolivia", "hyperinflation", "economic crisis", "Bolivia", "hiperinflación", "crisis económica"
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| collection | OJS |
| description | After the Napoleonic invasion to Spain in 1808, the Empire's financialand monetary structure collapsed, and most colonies became independent. Regional rivalry over tax revenues, aggravated by military expenses and treasury deficits, led elites in regions with royal mints to carry out all sorts of menatary experiments in order to obtain revenues. Local interests controlling the mints began to coin their own money, or to falsify colonial coins. Other regions, lacking silver, created unconvertible paper money in order to cover their deficits. The Spanish silver peso's consistent quality thus dissappeared, and with it the pattern that had organized colonial economy ever since the sixteenth century. Such coin diversity within a highly integrated economic space made the so-called Gresham Law hasten after 1810 the conflicts between local and colonial elites. This led, in turn, during the nineteenth century, to the Empire's political fragmentation into a growing number of inancially, monetaryli, and politically sovereign entities. |
| format | Online |
| id | oai:oai.historiamexicana.colmex.mx:article-1725 |
| index_str_mv | CONAHCYT LATINDEX PKP Index DOAJ DORA Redalyc Scielo México CLASE Handbook of Latin American Studies (HLAS) JSTOR Sociological Abstracts EBSCO Host HAPI HELA Scopus Ulrich’s International Periodicals Directory CIRC CSA Worldwide Political Science Abstracts Google Scholar Historical Abstracts IBSS MLA Biblat Current Abstracts Elektronische Zeitschriftenbibliothek Frei zugängliche ERIH PLUS IBZ Gale OneFile: Informe Académico Journal Scholar Metrics (EC3 Research Group: Evaluación de la Ciencia y la Comunicación Científica. Universidad de Granada) Periodicals Index Online America History and Life Global Issues in Context IBR Index Islamicus InfoTracCustom International Bibliography of Sociology Political Science Complete PubMed Social Services Abstracts SocINDEX SocINDEX with Full Text TOC Premier Anthropological Index Online Arts and Humanities Citation Index Chicano Periodical Index Current Contents CWTS Journal Indicators e-Revistas Humanities International Complete Humanities International Index Humanities Source PERIODICA Russian Academy of Sciences Bibliographies SCImago Journal & Country Rank |
| journal | Historia Mexicana |
| language | spa |
| publishDate | 2010 |
| publisher | El Colegio de México, A.C. |
| record_format | ojs |
| Terms_governing_use_and_reproduction_note | Derechos de autor 2016 Historia Mexicana |
| data_source_entry/ISSN | Historia Mexicana; Vol. 59, Núm. 3 (235) enero-marzo 2010; 919-979 2448-6531 0185-0172 |
| spelling | oai:oai.historiamexicana.colmex.mx:article-17252022-04-19T19:23:43Z The Monetary Roots of Political Breakdown in Nineteenth-Century Spanish America Las raíces monetarias de la fragmentación política de la América española en el siglo XIX Irigoin, Alejandra America economy coins Gersham Law Napoleonic invasion 19yh Century América economía monedas Ley de Gersham invasión napoleónica siglo XIX After the Napoleonic invasion to Spain in 1808, the Empire's financialand monetary structure collapsed, and most colonies became independent. Regional rivalry over tax revenues, aggravated by military expenses and treasury deficits, led elites in regions with royal mints to carry out all sorts of menatary experiments in order to obtain revenues. Local interests controlling the mints began to coin their own money, or to falsify colonial coins. Other regions, lacking silver, created unconvertible paper money in order to cover their deficits. The Spanish silver peso's consistent quality thus dissappeared, and with it the pattern that had organized colonial economy ever since the sixteenth century. Such coin diversity within a highly integrated economic space made the so-called Gresham Law hasten after 1810 the conflicts between local and colonial elites. This led, in turn, during the nineteenth century, to the Empire's political fragmentation into a growing number of inancially, monetaryli, and politically sovereign entities. Con la invasión napoleónica a España en 1808, las estructuras fiscal y monetaria del imperio se desplomaron y la mayoría de las colonias se independizó. La competencia regional por recursos fiscales, exacerbada por gastos militares y déficits fiscales, llevó a las élites de las regiones donde residían las cajas reales a realizar todo tipo de experimentos monetarios para procurarse fondos. En control de las cecas, los intereses locales empezaron a acuñar sus propias monedas o a adulterar la moneda colonial. Otras regiones, carentes de plata, crearon papel moneda inconvertible para igualmente suplir déficits. Así terminó la consistencia de la calidad del peso de plata español, y con ello desapareció el patrón que había organizado la economía colonial desde el siglo XVI. Dada la diversidad de monedas en un espacio económico altamente integrado, a partir de 1810 los efectos de la llamada Ley de Gresham aceleraron el conflicto entre élites locales y coloniales. Eso propició la fragmentación política del imperio en un creciente número de entidades fiscal, monetaria y políticamente soberanas durante el siglo XIX. El Colegio de México, A.C. 2010-01-01 info:eu-repo/semantics/article info:eu-repo/semantics/publishedVersion application/pdf https://historiamexicana.colmex.mx/index.php/RHM/article/view/1725 Historia Mexicana; Vol. 59, Núm. 3 (235) enero-marzo 2010; 919-979 2448-6531 0185-0172 spa https://historiamexicana.colmex.mx/index.php/RHM/article/view/1725/1543 Derechos de autor 2016 Historia Mexicana |
| spellingShingle | America economy coins Gersham Law Napoleonic invasion 19yh Century América economía monedas Ley de Gersham invasión napoleónica siglo XIX Irigoin, Alejandra Las raíces monetarias de la fragmentación política de la América española en el siglo XIX |
| title | Las raíces monetarias de la fragmentación política de la América española en el siglo XIX |
| title_alt | The Monetary Roots of Political Breakdown in Nineteenth-Century Spanish America |
| title_full | Las raíces monetarias de la fragmentación política de la América española en el siglo XIX |
| title_fullStr | Las raíces monetarias de la fragmentación política de la América española en el siglo XIX |
| title_full_unstemmed | Las raíces monetarias de la fragmentación política de la América española en el siglo XIX |
| title_short | Las raíces monetarias de la fragmentación política de la América española en el siglo XIX |
| title_sort | las raices monetarias de la fragmentacion politica de la america espanola en el siglo xix |
| topic | America economy coins Gersham Law Napoleonic invasion 19yh Century América economía monedas Ley de Gersham invasión napoleónica siglo XIX |
| topic_facet | America economy coins Gersham Law Napoleonic invasion 19yh Century América economía monedas Ley de Gersham invasión napoleónica siglo XIX |
| url | https://historiamexicana.colmex.mx/index.php/RHM/article/view/1725 |
| work_keys_str_mv | AT irigoinalejandra themonetaryrootsofpoliticalbreakdowninnineteenthcenturyspanishamerica AT irigoinalejandra lasraicesmonetariasdelafragmentacionpoliticadelaamericaespanolaenelsigloxix AT irigoinalejandra monetaryrootsofpoliticalbreakdowninnineteenthcenturyspanishamerica |