Inconvertible Paper Money, Inflation and Economic Performance in Early Nineteenth Century Argentina

Bibliographic Data

ID3478482
AuthorsMaria Alejandra Irigoin (National University of Mar del Plata, corresponding author)
Year2000
Volume32
Issue2
Pages333-359
Publication date2000-05-01
Peer ReviewedYes
Open AccessYes
TypeARTICLE
VenueJournal of Latin American Studies (JOURNAL)
Journal identifiersISSN: 0022-216X • E-ISSN: 1469-767X
PublisherCambridge University Press (CUP) (PUBLISHER)
DOI10.1017/s0022216x00005769
OpenAlexW2105833442
LanguageEN
Citations received21

To date, factor endowments or comparative advantages in the international economy, have been at the centre of explanations for the economic performance of Argentina in the nineteenth century. Historians have focused on the increasing volume of rural exports and the availability of land on the frontier. Yet, the contemporary fiscal and monetary events have been ignored. From the 1820s to the 1860s, the state was mainly financed by issues of inconvertible paper currency. Hence, depreciation and high volatility of the means of payment became a basic feature of the Buenos Aires economy. This article will reassess the expansion of the rural economy in the light of the impact of inflationary finances

Currency · Depreciation (economics) · Economics · Economy · Frontier · Inflation (cosmology) · Macroeconomics · Market economy · Monetary economics · Political science · State (computer science) · Volatility (finance) · Argentine historical studies · Finance · History and Politics in Latin America

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