The essay examines Spain’s colonial legacy in the long-run development of Spanish America. It surveys the fiscal and constitutional outcomes of independence and assesses the relative burden imposed by colonialism. Constitutional asymmetries between revenue collecting and spending agents constrained de facto governments’ power to tax. Inherent disparities embedded in the colonial fiscal system worsened with vaguely defined representation for subjects and territories and vexed their aggregation into a modern representative polity. Governments with limited fiscal capacity failed to deliver public goods and to distribute the costs and benefits of independence equitably. Growing indirect taxes, debt and money creation allowed them to transfer the fiscal burden to other constituents or future generations. Taxpayers became aware of the asymmetry between private contributions and public goods and hence favoured a low but regressive taxation. Comparisons with trajectories in the metropolis and the United States are offered to qualify this legacy.

Interpretations of the role of the state in economic change in colonial (1858-1947) and post-colonial India (1947-) tend to presume that the colonial was an exploitative and the post-colonial a developmental state. This article shows that the opposition does not work well as a framework for economic history. The differences between the two states lay elsewhere than in the drive to exploit Indian resources by a foreign power. The difference was that British colonial policy was framed with reference to global market integration, whereas post-colonial policy was framed with reference to nationalism. The article applies this lesson to reread the economic effects of the two types of state, and reflects on ongoing debates in the global history of European expansion.

This paper comments on studies that aim to quantify the long-term economic effects of historical European settlement across the globe. We argue for the need to properly conceptualise «colonial settlement» as an endogenous development process shaped by the interaction between prospective settlers and indigenous peoples. We conduct three comparative case studies in West, East and Southern Africa, showing that the «success» or «failure» of colonial settlement critically depended on colonial government policies arranging European farmer’s access to local land, but above all, local labour resources. These policies were shaped by the clashing interests of African farmers and European planters, in which colonial governments did not necessarily, and certainly not consistently, abide to settler demands, as is often assumed.

The growth of Argentina’s economy in the late nineteenth and early twentieth century was so great that it was called “The Great Expansion”. This explains the interest of economic historians to observe, analyze and explain the conditions under which such growth occurred. One of the topics is the 1890 crisis, or “Baring Crisis”. This was seen by contemporaries as the worst economic debacle of the nineteenth century. Studies in economic history have seen this crisis both their macroeconomic aspects, and from the impact that would have occurred in the population. Also, in recent years there has been a renewed interest in the production and analysis of series of prices and wages, as key to analyzing economic indicators economy conditions and living conditions and inequality. Given this historiographical renewal, in this article a new series of prices and wages of Buenos Aires in the late nineteenth century are presented. With this new information, and open discussion with previous works, a new perspective on the evolution of prices and wages is provided, with a different perspective on the impact of the 1890 crisis.

The essential aims of this article are: (1) to measure the magnitude of the crisis of 1803-1805 in the two Castiles; (2) to analyse the causes and consequences of this crisis. Among the main conclusions of this essay we would like to underline: (a) the 1803-1805 crisis led to a fall in the population of Castile of about 15 per cent; (b) the severe rise in the price of grains in those years was due to the bad harvests and the sparse working capacity of the municipal grain stores, but more than anything else it was the collapse of the market for this produce as a result of the prohibition of removing grain; (c) government measures to deal with the crisis were numerous and relatively bold, but not very effective; (d) the strong mobilisation of the people disrupted the working of some of the basic institutions of the Ancien Régime.

This paper transcribes and annotates five unpublished letters that Manuel María Gutiérrez, Álvaro Flórez Estrada and the Marquis of Valle Santoro respectively sent to Jean-Baptiste Say. An initial hypothesis holds the importance of this correspondence in order to argue the connection of the Spanish authors with the canonical works. We focus on several questions related to the transmission of economic ideas. First, the translation of Say’s work is a collective project structured around the Real Sociedad Económica de Amigos del País de Madrid. Secondly, we explain how the translator expurgates the condemnable passages in order to publish Say’s Traité d`économie politique in Spanish, those connected to the influence of religion on economic development and public education to be exact.