American merchants in nineteenth-century South America acted as universal mediators in the world of commodities. Their specific function provided the navigational, commercial, and financial links that connected South ...

During the 1861-1930 period, Argentina was under a virtual gold-exchange standard regime in the 1867-1876; 1883-1884 and, 1900-1913 years. In the remaining periods, a managed paper standard was in place, always with the ...

La década de 1850 muestra, por un lado un proceso de estabilización de la moneda corriente, o de recuperación relativa de su precio respecto del oro y, por el otro, un proceso de instalación o creación de instituciones ...

The long-run economic performance of Argentina since World War One has been relatively disappointing until recently. Yet, in the interwar period, signs of future retardation and recurring crises were not so obvious. It is ...

We ask how Argentina overcame the Great Depression and if macroeconomic interventions made any contribution to the recovery. Argentine macroeconomic policy deviated from gold-standard orthodoxy after the final suspension of ...

Argentina's money and banking system was hit hard by the Great Depression. The banking sector was awash with bad assets that built up in the 1920s. Gold convertibility was suspended in December 1929, even before the crisis ...