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¿Fueron inflacionarias las finanzas estatales en el siglo XVIII? Una nueva interpretación de los vales reales

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  • White, Eugene N.

Abstract

Las finanzas de los gobiernos de fines del siglo XVIII en España han sido con frecuencia calificadas de inherentemente inflacionarias. Los crónicos déficit presupuestarios, consecuencia de una base fiscal débil y fuertes gastos de guerra, se han considerado el móvil que forzó al gobierno a la emisión de papel moneda. Pese a ser ésta en gran medida una descriptión aplicable a los últimos añnos del siglo, cuando empezaban a desintegrarse las finanzas del Antiguo Régimen, el gobierno consiguió resolver sus problemas hacendísticos con mayor éxito del que, por lo general, se le concede.

Suggested Citation

  • White, Eugene N., 1987. "¿Fueron inflacionarias las finanzas estatales en el siglo XVIII? Una nueva interpretación de los vales reales," Revista de Historia Económica / Journal of Iberian and Latin American Economic History, Cambridge University Press, vol. 5(3), pages 509-526, December.
    • Handle: RePEc:cup:reveco:v:5:y:1987:i:03:p:509-526_01
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    Cited by:

    1. Maria Alejandra Irigoin, 2009. "Gresham on horseback: the monetary roots of Spanish American political fragmentation in the nineteenth century1," Economic History Review, Economic History Society, vol. 62(3), pages 551-575, August.

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