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Cambridge University Press

Bankruptcy of Empire: Mexican Silver and the Wars Between Spain, Britain and France, 1760-1810

Bankruptcy of Empire: Mexican Silver and the Wars Between Spain, Britain and France, 1760-1810

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This book emphasizes that the Spanish empire remained the third most important European state in terms of fiscal income and naval power, and first in size of territorial empire, particularly because of its colonies in Spanish America. The Spanish crown was involved in four wars with Great Britain and two wars with France during the decades 1760-1810. Colonial Mexico financed most of these wars by remitting silver in the form of taxes and loans. The expenditures of the imperial wars were so great that they eventually caused the bankruptcy of both the Spanish American colonies and of the monarchy itself.

Author: Carlos Marichal
Publisher: Cambridge University Press
Published: 04/01/2010
Pages: 340
Binding Type: Paperback
Weight: 1.10lbs
Size: 9.02h x 5.98w x 0.76d
ISBN: 9780521142359

About the Author
Marichal, Carlos: - Carlos Marichal has been Research Professor of Latin American History at the El Colegio de México since 1989. He received his PhD in History from Harvard University, Massachusetts in 1977 and was a visiting professor at Stanford University, California (1998-9, the Universidad Carlos III, Madrid (1996), the Ecole des Hautes Etudes en Sciences Sociales, Paris (1994), the Universidad Autónoma, Barcelona (1990-3 and 2009) and the Universidad Complutense, Madrid (1987). In September 2008, Bankruptcy of Empire received the Alice Hanson Jones Biennial Prize of the Economic History Association of the United Status as an 'Outstanding Book on North American Economic History'. In August 2009, the same work was awarded the Jaume Vicens Vives Prize of the Spanish Economic History Association, being judged the best book published on the economic history of Spain and Latin America in 2007-8. He is also the author of other works including a history of Latin American debt in English version (1989), with two editions in Spanish, and more recently of Nueva historia de las grandes crisis financieras, 1873-2008 (2010). He is the editor of a dozen collective monographs on the economic history of Latin America, including studies on banking and fiscal history as well as a number of joint studies on the history of enterprise in Mexico in the nineteenth and twentieth centuries. He is founder and past president of the Mexican Economic History Association and served as member of the executive committee of the International Economic History Association (2000-8). He has received a Guggenheim fellowship (1994-5) and a Tinker Fellowship (1997-8), among other awards. A member of the academic boards of ten international journals on economic history and Latin American history, he is member of the Mexican Sistema Nacional de Investigadores, at the highest level. From 2003 to 2008, he was a member of the Board of Governors of El Colegio de México.

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