Granaries ( pósitos )

A source of finance for Spain's small farmers, 1900–1950

Bibliographic Data

ID11494518
AuthorsÁngel Pascual Martínez Soto (0000-0003-4257-454X, Universidad de Murcia, corresponding author), ÁNGEL PASCUAL MARTÍNEZ-SOTO (Universidad de Murcia), Susana Martínez-Rodríguez (0000-0002-0710-6030, Universidad de Murcia)
Year2015
Volume30
Issue2
Pages251-277
Publication date2015-08-01
Open AccessNo
TypeARTICLE
VenueContinuity and Change (JOURNAL)
Journal identifiersISSN: 0268-4160 • E-ISSN: 1469-218X
PublisherLiverpool University Press (PUBLISHER • GB)
DOI10.1017/s0268416015000247
OpenAlexW2605133555
LanguageES
Citations received1
References cited3

Under the Ancien Régime in Spain local granaries (in Spanish, pósitos ) acted as welfare institutions designed to help small farmers in times of crisis. During the first third of the twentieth century they were subject to an intense reorganisation in Spain and this transformed them into the only microfinance institution to which a significant part of the country's rural population had access. However, as the granaries were beginning to get their finances in order, the outbreak of the Spanish Civil War (1936–1939) and the ensuing change in political regime meant that from 1950 onwards they found themselves relegated to the financial margins. The longevity of the granaries makes them an interesting example of a type of financial institution that was able to adapt to different political regimes by changing the way they operated while maintaining their core objective of supporting small farmers

Economic growth · Economic history · Economics · Economy · Financial institution · Geography · Institution · Market economy · Microfinance · Order (exchange · Political science · Politics · Population · Sociology · Welfare · Cooperative Studies and Economics · Demography · Finance

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