Seeing credit and property rights from below

The experience of Catalan smallholders in the eighteenth century

Dados Bibliográficos

ID3293186
AutoresRosa Congost (0000-0002-1389-0722, Faculty of Letters University of Girona, autor correspondente), Ricard Garcia‐orallo (0000-0002-9148-0278, Faculty of Geography and History University of Barcelona), Enric Saguer (0000-0002-3914-4736, Faculty of Letters University of Girona)
Ano2023
Volume76
Fascículo3
Páginas759-782
Data de publicação2023-08-01
Peer ReviewedSim
Open AccessSim
TipoARTICLE
PeriódicoThe Economic History Review (JOURNAL)
Identificadores do periódicoISSN: 0013-0117 • E-ISSN: 1468-0289
EditoraWiley (PUBLISHER • GB)
DOI10.1111/ehr.13199
OpenAlexW4301397359
IdiomaEN
Citações recebidas3
Referências citadas32

The Catalan case in south-western Europe offers us the opportunity to take a detailed look at the impact a lowering of the interest rate may have had on the poor of a specific area. It is vital to examine how property rights operated in specific contexts, given the close relationship between land and credit markets. Our working hypothesis is that, in some instances where property rights were redefined, as happened in eighteenth-century Catalonia, the reduction of the interest rate in secured loans benefitted the poorer social groups. The findings of this research, in line with those of some development economists, suggest that only an empirical and bottom-up perspective allows for a proper analysis of the eradication of poverty by placing it within the real picture of social change

Catalan · Development economics · Economic growth · Economics · Economy · Humanities · Microeconomics · Perspective (graphical) · Poverty · Poverty reduction · Property (philosophy) · Property rights · Sociology · Historical Economic and Social Studies · Housing, Finance, and Neoliberalism · Political Economy and Marxism